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.
Sunedison Inc (NYSE: SUNE) shares are trading lower by $0.030 at $0.510 in Friday's session. The struggling utility has been unable to recover from Monday's bashing, when the issue fell from $1.26 to $0.57 after revealing the SEC was looking into its liquidity disclosures.
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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In Friday's session, it has traded in a narrow $0.06 range from $0.45 (new all-time low) to $0.51.
The issue made its IPO in April 2008 and peaked that same month at $78.32.