December 23, 2010 1:46 PM | 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.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW), a closed-end management investment company, today announced the earnings of the Fund for the three and nine months ended September 30, 2010. The Fund's fiscal year ends on December 31, 2010.For the three months ended September 30, 2010, the Fund had net investment income of $2,987,481 ($0.028 per share). For the nine months ended September 30, 2010, the Fund had net investment income of $13,924,565 ($0.130 per share). In comparison, for the three months ended September 30, 2009, the Fund had net investment income of $2,741,070 ($0.025 per share). For the nine months ended September 30, 2009, the Fund had net investment income of $18,230,569 ($0.171 per share).
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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