July 29, 2015 10:25 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.
(NASDAQ: BLDR) shares climbed 5.58 percent to $13.62. The volume of Builders FirstSource shares traded was 2449 percent higher than normal. Builders FirstSource announced a public offering of 11 million shares of common stock.
Cytec Industries Inc (NYSE: CYT) surged 26.65 percent to $73.95. The volume of Cytec Industries shares traded 2149 percent higher than normal. Belgium's Solvay announced its plans to buy Cytec for $5.5 billion.
Panera Bread Co (NASDAQ: PNRA) shares moved up 8.82 percent to $203.48. The volume of Panera Bread traded was 770 percent higher than normal. Panera Bread reported Q2 earnings of $1.61 per share on revenue of $676.66 million.
The Rubicon Project Inc (NYSE: RUBI) shares rose 18.70 percent to $18.28. The volume of Rubicon Project shares traded was 703 percent higher than normal. Rubicon Project reported upbeat Q2 results.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.