February 17, 2015 2:21 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
(OTC: PMMAF) posted a narrower loss for the fourth quarter.Puma posted a quarterly net loss of EUR4.6 million ($5.24 million), versus a year-ago loss of EUR115 million. The year-ago results included EUR129 million in special items.Its revenue gained 7.5% to EUR750.8 million, while operating profit, before special items, surged to EUR10.6 million from EUR1.1 million.PUMA's gross profit margin widened to 45.0% from 43.2%.For the full year, Puma posted a net profit of EUR64.1 million on revenue of EUR2.97 million.Bjørn Gulden, Chief Executive Officer of PUMA SE said, "The fourth quarter developed as we had hoped, with a solid increase in sales and even stronger improvement in EBIT and net earnings. We are especially pleased to see that we again, for the second quarter in a row, had growth in our footwear sales. Our full-year results are also in line with expectations."
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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