January 14, 2016 8:52 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.
Harry Wilson is no stranger to
General Motors Company (NYSE: GM)'s business operation as he led an activist battle against the company to initiate a multi-billion dollar share buyback program - an effort which he eventually withdrew.Related Link:
Harry Wilson Explains Why He Withdrew His Nomination From General Motors' BoardAccording to Automotive News, Wilson offered his thoughts on General Motors' CEO, Mary Barra, who was recently named as the company's Chairman.The comments were made during a presentation at the Automotive News World Congress."Being chairman of the board is a different job," Wilson said. "Some people have characterized it as a promotion. It's not a promotion -- it's a different job."Wilson added that naming Barra as Chairman was "remarkably tone deaf" even though she is "doing a great job as the CEO.""I think to get the best out of the board, the chairman should be incredibly engaged in maximizing the knowledge base of the board members," Wilson also stated. "That is a distraction, in my opinion, for Mary."Shares of General Motors were trading higher by 0.56 percent at $30.65 early Thursday morning.
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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