September 28, 2015 10:54 AM | 1 min read
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.
Media General Inc (NYSE: MEG) shares climbed 24.66 percent to $13.90. The volume of Media General shares traded was 1450 percent higher than normal. Media General announced a $14.50 per share offer from
Nexstar Broadcasting Group, Inc. (NASDAQ: NXST).
Knowles Corp (NYSE: KN) surged 9.70 percent to $17.98. The volume of Knowles shares traded 224 percent higher than normal. FBR Capital upgraded Knowles from Underperform to Market Perform and raised the price target from $17.00 to $18.00.
Dr.Reddy's Laboratories Ltd (ADR) (NYSE: RDY) shares moved up 3.14 percent to $61.67. The volume of Dr.Reddy's traded was 206 percent higher than normal. Dr. Reddy's announced the launch of esomeprazole magnesium delayed-release capsules USP, 20 mg and 40 mg.
MTS Systems Corporation (NASDAQ: MTSC) shares rose 1.53 percent to $57.56. The volume of MTS Systems shares traded was 183 percent higher than normal. MTS Systems shares have dropped 17.23 percent over the past 52 weeks, while the S&P 500 index has declined 2.35 percent in the same period.
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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