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.
Dan Loeb was one of the pioneers of activist investing. His New York-based hedge fund management firm, Third Point LLC, recently disclosed its equity portfolio as of December 31, 2014. Its holdings are now worth about $11 billion, up from $8.7 billion by the end of the third quarter of 2014.
Over the fourth quarter, he started 13 new positions, increased his exposure to another 13 stocks, reduced his holdings in seven and sold out of 14.
Adds
- Phillips 66 (NYSE: PSX) - 5,000,000 shares
- Citigroup Inc (NYSE: C) - 5,000,000 shares
- EMC Corporation (NYSE: EMC) - 7,000,000 shares
- American International Group Inc (NYSE: AIG) - 3,500,000 shares
- Delta Air Lines, Inc. (NYSE: DAL) - 3,850,000 shares
- Hertz Global Holdings, Inc. (NYSE: HTZ) - 4,250,000 shares
- SPDR S&P 500 ETF (NYSE: SPY) - 500,000 shares
- Mohawk Industries, Inc. (NYSE: MHK) - 650,000 shares
- Allergan, Inc. (NYSE: AGN) - 400,000 shares
- FCB Financial Holdings Inc (NYSE: FCB) - 996,165 shares
Increases
- Amgen, Inc. (NASDAQ: AMGN) - 10,675,000 shares, up 705 percent
- Alibaba Group Holding Ltd (NYSE: BABA) - 10,000,000 shares, up 38 percent
- Actavis (NYSE: ACT) - 3,450,000 shares, up 20 percent
- eBay Inc. (NASDAQ: EBAY) - 10,000,000 shares, up 122 percent
- Liberty Global, Inc. (NASDAQ: LBTYK) -5,800,000 shares, up 9 percent
- Masco Corporation (NYSE: MAS) - 10,000,000 shares, up 23 percent
- Anheuser-Busch Inbev SA (NYSE: BUD) - 2,250,000 shares, up 12 percent
- Sunedison Inc (NYSE: SUNE) - 11,250,000 shares, up 87 percent
- American Airlines Group Inc (NYSE: AAL) - 3,750,000 shares, up 36 percent
- Williams Companies Inc (NYSE: WMB) - 4,000,000 shares, up 166 percent
- FleetCor Technologies, Inc. (NYSE: FLT) - 550,000 shares, up 266 percent
Decreases
- Ally Financial Inc (NASDAQ: ALLY) - 30,000,000 shares, down 28 percent
- Anadarko Petroleum Corporation (NYSE: APC) - 1,000,000 shares, down 50 percent
- Shire PLC (ADR) (NASDAQ: SHPG) - 500,000 shares, down 33 percent
- CF Industries Holdings, Inc. (NYSE: CF) - 650,000 shares, down 14 percent
- Sensata Technologies Holding N.V. (NYSE: ST) - 4,000,000 shares, down 20 percent
- Moelis & Co (NYSE: MC) - 170,523 shares, down 50 percent
- Constellation Brands, Inc. (NYSE: STZ) - 2,000,000 shares, down 4 percent
Exits
- Avago Technologies Ltd (NASDAQ: AVGO) - 1,650,000 shares
- Bed Bath & Beyond Inc. (NASDAQ: BBBY) - 3,000,000 shares
- Cheniere Energy, Inc. (NYSE: LNG) - 800,000 shares
- Coca-Cola Enterprises Inc (NYSE: CCE) - 4,250,000 shares
- Crown Holdings, Inc. (NYSE: CCK) - 1,400,000 shares
- EQT Corporation (NYSE: EQT) - 1,500,000 shares
- FedEx Corporation (NYSE: FDX) - 750,000 shares
- H&R Block Inc (NYSE: HRB) - 4,448,000 shares
- Parker-Hannifin Corporation (NYSE: PH) - 1,288,300 shares
- YPF Sociedad Anonima (NYSE: YPF) - 3,750,000 shares
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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