January 12, 2011 2:25 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.
Subaye Inc (NASDAQ: SBAY) shares moved up 13.29% to $14.83 at 2:22 pm. The volume of SBAY shares traded was 284% higher than normal. SBAY's shares have dipped 38.84% over the past 52 weeks, while the S&P 500 index has gained 12.17% in the same period.Ultra Clean Holdings Inc (NASDAQ: UCTT) shares rose 10.43% to $10.16. The volume of UCTT shares traded was 277% higher than normal. UCTT's PEG ratio is 0.48.SPS Commerce Inc (NASDAQ: SPSC) shares climbed 7.34% to $16.24. The volume of SPSC shares traded was 268% higher than normal. SPSC is all set to report its Q4 results on February 9. Spectrum Control Inc (NASDAQ: SPEC) shares gained 7.15% to $13.03. The volume of SPEC shares traded was 253% higher than normal. SPEC reported 52% y/y rise in its Q4 net income.Read more
from Benzinga's Markets.
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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