E*Trade April Daily Average Revenue Trade Rises 1%


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.


E*TRADE Financial Corporation (NASDAQ: ETFC) revealed its monthly activity report for April 2016. Accordingly, its Daily Average Revenue Trades ("DARTs") 159,215, which represented 1 percent increase from March, as well as from the year-ago period.


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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The Company stated it added 34,724 gross new brokerage accounts in April and closed the month with about 3.3 million brokerage accounts, which indicatedan increase of 10,866 from March.

E*Trade said net new brokerage assets were negative $0.4 billion in the month. The company said its customer security holdings were unchanged in April, while brokerage-related cash remained flat, closing at $42.6 billion in April. Bank-related cash and deposits fell $0.1 billion to close the month at $5.3 billion. The trading firm said customers were net sellers of about $0.2 billion in securities in April.

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