27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
KYOTO, Japan, July 1, 2015 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE: NJ) (the "Company") today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 22, 2015, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
Details are as follows:
| Details of Share Repurchase |
| 1. Period of own share repurchase: From June 1, 2015 through June 30, 2015 |
| 2. Class of shares: Common stock |
| 3. Number of own shares repurchased: 0 |
| 4. Total repurchase amount: 0 yen |
| Note: The above repurchase information has been prepared on the basis of execution date. |
| Reference |
| A) The following details were resolved by the Company's Board of Directors on January 22, 2015: |
| 1. Class of shares: Common stock |
| 2. Total number of shares to be repurchased: Up to 4,000,000 shares |
| (1.42% of total number of shares issued, excluding treasury stock) |
| 3. Total repurchase amount: Up to 24 billion yen |
| 4. Period of repurchase: From January 27, 2015 through January 26, 2016 |
| B) The accumulative number of own shares repurchased until June 30, 2015, pursuant to the Board of Directors resolution above: |
| 1. Accumulative number of own shares repurchased: 250,200 |
| 2. Total accumulative repurchase amount: 2,053,391,400 yen |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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