August 11, 2015 4:11 PM | 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.
Omega Protein Corporation (NYSE: OME), a nutritional product company and a leading integrated provider of specialty oils, essential fatty acids and specialty protein products, acknowledged today that it has received a letter from a shareholder, Wynnefield Capital Management, LLC that was filed as an exhibit to a Schedule 13D filing made by that shareholder with the Securities and Exchange Commission.Omega Protein's Chairman of the Board, Gary R. Goodwin, stated, "The Board of Directors values open dialogue and input from all our shareholders. While we believe the company's current strategy will create substantial long-term value for shareholders, we will thoughtfully review the matters raised by Wynnefield Capital. The Board and management team are committed to undertaking actions that we believe will enhance value for our shareholders, and we intend to consider this letter with that principle in mind."
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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