November 12, 2010 9:29 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.
The Rosen Law Firm today announced that it has commenced an investigation into allegations that RINO International Corporation (Nasdaq: RINO) may have violated the federal securities laws by issuing false and misleading statements to investors about its business and financial condition.Recently, one market commentator published a report questioning the accuracy of RINO's financial statements. In its SEC filed annual report for fiscal 2009, RINO reported $193 million of revenue, while the annual report it filed for 2009 with the China State Administration for Industry and Commerce reported only $11 million of revenue. This discrepancy, along with other accounting inconsistencies and questionable transactions between RINO and its management, has raised red flags and prompted an internal review. As a result of these allegations, the Rosen Law Firm is preparing a class action lawsuit on behalf of investors who suffered losses purchasing RINO stock.
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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