SSAB Posts Q1 Profit


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.


Swedish company SSAB AB reported a net profit for the first quarter. The company posted a quarterly net profit of 284 million Swedish kronor ($33 million), versus a year-ago net loss of SEK50 million.Its revenue gained to SEK15.47 billion from SEK14.60 billion.

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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Posted In: EarningsNewsprofit