February 25, 2015 5:04 PM | 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.
(NASDAQ: LMCA) reported a strong rise in its profit for the fourth quarter.The Englewood, Colorado-based company reported a quarterly profit of $143.1 million, compared to a year-ago profit of $65.2 million.Its revenue climbed around 7% to $1.1 billion, versus analysts' estimates of $1.09 billion.Adjusted OIBDA climbed $40 million to $359 million in the quarter, while operating income rose $17 million to $206 million.Greg Maffei, President and CEO of Liberty Media said, "We are also pleased to have completed the spin-off of Liberty Broadband during the quarter. We remain excited about the opportunities that lie ahead for both Charter Communications and Liberty Broadband."Liberty Media shares fell 0.06% to $38.69 in after-hours trading.
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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