April 27, 2016 1:24 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.
W.W. Grainger, Inc. (NYSE: GWW) disclosed that its board has voted to increase the quarterly cash dividend by 4.3 percent to $1.22 per share. According to the company, the dividend would be payable on June 1 to its eligible shareholders. For that purpose, the company has fixed a record date of May 9 to determine the eligible shareholders. Grainger claimed that it delivered 45 straight years of increased dividends. Currently, the dividend offered a yield of 2.0% while the payout ratio was 40.0%. The company stated that its average dividend growth rate for the three year and five years were 13.57% and 16.83% respectively.The company's Chairman, president and CEO, Jim Ryan, said that "Consistently increasing the dividend demonstrates our commitment to shareholder value. At the same time, we will continue to invest in the business to drive long term results."Shares of the company traded higher by 1.53% on Wednesday.
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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