May 27, 2015 5:12 AM | 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.
Dutch retailer
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.
(OTC: AHONY) reported a rise in its net profit for the first quarter. Ahold's quarterly net profit surged to EUR213 million ($232 million), versus a year-ago profit of EUR50 million. Earnings per share jumped to 0.26 euro from 0.05 euro.Its underlying operating income declined 0.5 percent to EUR390 million, from EUR392 million.Ahold's sales climbed 14.9 percent to 11.3 billion euros. Its sales in the United States declined 2.1 percent at constant rates, while sales in the Netherlands rose 5.7 percent.CEO Dick Boer said, "We are encouraged by the positive momentum in our sales trend, with sales growth of 3.1% excluding gas and at constant exchange rates, despite the adverse timing of Easter."Ahold shares closed at $20.21 yesterday.
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