January 28, 2015 5:23 PM | 1 min read |
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Las Vegas Sands Corp. (NYSE: LVS) said Wednesday that improvements at its Singapore operations resulted in higher-than-expected fourth-quarter earnings, although comany-wide revenue fell 6.6 percent.Sands changed hands recently at $58 a share, up more than 3 percent.Sands didn't immediately offer an earnings outlook, but Chief Executive Sheldon Gary Adelson said it expects to "deliver strong growth in the future."Improved results at the Singapore operation Marina Bay Sands helped boost fourth-quarter operating income 15 percent to $1.02 billion, compared with $886.1 million a year earlier, despite weaker performance at operations in Macao.Fourth-quarter net income increased 25 percent to $721.3 million, or $0.90 cents a share, from $577.5 million, or $0.70 cents a share a year earlier. Adjusted income equaled $0.90 cents a share, while revenue fell to $3.42 billion, from $3.66 billion a year earlier.Wall Street expected adjusted income of $0.81 cents a share, on revenue of $3.51 billion.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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