March 4, 2015 4:58 PM | 1 min read |
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.
(NYSE: HRB) posted a narrower-than-expected loss for the fiscal third quarter on Wednesday.The Kansas City, Missouri-based company posted a quarterly loss of $36.9 million, or $0.13 per share, versus a year-ago loss of $214.7 million, or $0.78 per share. Its revenue climbed to $509.1 million from $200 million in the year-ago quarter. However, analysts were expecting a loss of $0.13 per share on revenue of $517.7 million."Despite being disappointed by the decline in early season volume, we are pleased with our monetization, overall return mix, and Tax Plus product attach rates through both our assisted channel and digital do-it-yourself products," said Bill Cobb, H&R Block's president and chief executive officer.H&R Block shares fell 0.06% to $33.40 in after-hours trading.
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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