January 18, 2016 5:53 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.
Commercial Metals Company (NYSE: CMC) announced today that its Board of Directors has promoted Barbara R. Smith to the position of Chief Operating Officer and Mary A. Lindsey to the position of Vice President and Chief Financial Officer, both effective January 18, 2016. Smith Promoted to COOMs. Smith has been the Company's Senior Vice President and Chief Financial Officer since May 2011; in her new position she will continue to report to Joseph Alvarado, who remains the Chairman, President and Chief Executive Officer of the Company. As Chief Operating Officer, Ms. Smith will be responsible for the direction and coordination of CMC's two operational divisions, the CMC Americas Division and the CMC International Division. Ms. Smith will continue to maintain her office at the Company's headquarters in Irving, Texas. Joseph Alvarado, the Company's Chairman, President and Chief Executive Officer, stated, "The promotion of Barbara Smith is part of the Company's long-term development and succession planning process, and we have every confidence in Barbara as she takes on the roles and responsibilities of Chief Operating Officer. Barbara has held many leadership roles in the metals industry since she
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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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