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.
Jeffrey Ubben’s ValueAct Capital is a fund focused on long-term investments. It usually holds about 15 equity positions and changes only three or four of them for new ones each year.
In its latest 13F filing for the fourth quarter of 2014, the fund disclosed two new purchases, five additional acquisitions, four stake reductions and only one closing of a pre-existing position. Following these transactions, its equity portfolio is worth almost $16 billion.
Adds
- Baker Hughes Incorporated (NYSE: BHI) - 14,997,500 shares, worth more than $840 million
- Halliburton Company (NYSE: HAL) - 20,895,000 shares, worth about $821 million
Increases
- Microsoft Corporation (NASDAQ: MSFT) - 74,238,243
- Valeant Pharmaceuticals Intl Inc (NYSE: VRX) - 19,383,877 shares, up 2 percent
- Twenty-First Century Fox Inc (NASDAQ: FOX) – 30,300,000 shares, up 20 percent
- Agrium Inc. (NYSE: AGU) - 8,194,898 shares, up 57 percent
- Allison Transmission Holdings, Inc. (NYSE: ALSN) - 19,125,204 shares, up 6 percent
Decreases
- Motorola Solutions Inc (NYSE: MSI) - 17,588,576 shares, down 39 percent
- Adobe Systems Incorporated (NASDAQ: ADBE) - 16,006,753 shares, down 32 percent
- CBRE Group Inc (NYSE: CBG) - 31,322,230 shares, down 2 percent
- Rockwell Collins, Inc. (NYSE: COL) - 4,465,000 shares, down 59 percent
Exits
- Twenty-First Century Fox Inc (NASDAQ: FOXA) - 4,600,000 shares, which accounted for approximately 1 percent of the third quarter portfolio
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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