December 24, 2015 4:11 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.
Some of the stocks that may grab investor focus today are:
Cal-Maine Foods Inc (NASDAQ: CALM) reported weaker-than-expected results for its fiscal second quarter. Cal-Maine Foods shares fell 5.63 percent to $46.80 in the after-hours trading session.
Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) is in talks to acquire
Media General Inc (NYSE: MEG) for approximately $17.50 per share, according to sources as reported by Reuters on Wednesday. The deal would be valued at over $2 billion. Nexstar Broadcasting shares climbed 4.43 percent to close at $58.50 yesterday, while Media General shares surged 3.16 percent to close at $15.99 yesterday.
Bridgeline Digital Inc (NASDAQ: BLIN) reported a Q4 adjusted loss of $0.08 per share, versus a year-ago loss of $0.34 per share. The company's revenue slipped to $4.549 million from $5.77 million. Bridgeline Digital shares jumped 7.21 percent to close at $1.19 yesterday.Bridgestone has decided to raise its offer for U.S. tire retailer
Pep Boys-Manny Moe and Jack (NYSE: PBY), according to sources as reported by Nikkei on Wednesday. On Friday, shareholder Carl Icahn in a filing said he was raising his offer for Pep Boys to $16.50 per share, which is one dollar higher than the previous offer. Pep Boys shares gained 3.02 percent to close at $17.40 yesterday.
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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