China Merchants Holdings Full-Year Profit Rises

by Benzinga Staff
March 31, 2015 5:10 AM | 17 seconds read | Make a Comment

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.

China Merchants Holdings (International) Co. Ltd.

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(OTC: CMHHY) reported a rise in its 2014 net profit. The company's net profit for the year surged to HK$4.53 billion (US$584 million), versus a year-ago profit of HK$4.21 billion.Its revenue gained to HK$8.26 billion, compared to HK$7.76 billion.The company's board proposed a final dividend of HK$0.55 a share.

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.

Posted In: EarningsNewsprofit

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