February 5, 2016 10:18 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.
(NASDAQ: MFLX) shares rose 37.61 percent to $22.61. The volume of Multi-Fineline Electronix shares traded was 1272 percent higher than normal. Multi-Fineline Electronix agreed to be acquired by Suzhou Dongshan Precision Manufacturing Co., Ltd. for $23.95 share in cash. MFLEX reported Q4 earnings of $0.41 per share on revenue of $169 million.
Ubiquiti Networks Inc (NASDAQ: UBNT) surged 20.52 percent to $33.83. The volume of Ubiquiti Networks shares traded was 1055 percent higher than normal. Ubiquiti Networks reported better-than-expected Q2 results.
Cubic Corporation (NYSE: CUB) shares climbed 2.72 percent to $34.70. The volume of Cubic shares traded was 356 percent higher than normal. On Friday, Cubic reported a Q1 loss of $0.20 per share on revenue of $313.8 million.
Saia Inc (NASDAQ: SAIA) shares moved up 9.23 percent to $24.61. The volume of Saia traded was 245 percent higher than normal. Saia reported upbeat Q4 earnings.
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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