October 18, 2010 8:45 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.
PetMed Express Inc (NASDAQ: PETS) dipped 12.72% to $13.93 in the pre-market session. PETS has reported 20% y/y decline in its Q2 earnings.Meta Financial Group Inc (NASDAQ: CASH) lost 6.33% to $17.75 in the pre-market session. CASH's unit MetaBank has been temporarily restricted by the Office of Thrift Supervision (OTS) from entering into contracts.Hercules Offshore Inc (NASDAQ: HERO) fell 2.72% to $2.50 in the pre-market session. HERO's trailing-twelve-month ROE is -11.45%.Lululemon Athletica Inc (NASDAQ: LULU) slipped 2.24% to $45 in the pre-market trading. KeyBanc Capital Markets' analyst Edward Yruma downgraded LULU from “buy” to “hold.”Read more
from Benzinga's Markets.
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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