AirAsia X Q1 Loss Widens

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.

Malaysian airline AirAsia X Bhd. reported a wider net loss for the first quarter.AirAsia X posted a quarterly net loss of 126 million Malaysian ringgit (US$35 million), versus a year-ago loss of MYR11 million. Its revenue gained 3.5 percent to MYR775 million.The company posted MYR87 million in foreign exchange loss for the quarter, versus a MYR10 million gain in the year-ago quarter.

27% profit every 20 days?

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