January 21, 2011 4:04 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.
Hilltop Community Bancorp, Inc. (the Corporation) (OTC Bulletin Board: HTBC), the holding company for Hilltop Community Bank (the Bank) today reported net income of $598,000 for the year ended December 31, 2010, 4.5% higher than net income of $572,000 for the previous year. Net income available to common shareholders was $0.13 per share, basic and diluted, in 2010, compared to $0.12 per share, basic and diluted, in 2009, after accounting for preferred stock dividends and related accretion. The dividends and accretion were connected to the Capital Purchase Program preferred stock that was part of the Corporation's capital structure in 2009 and the first few months of 2010. Net income for the fourth quarter of 2010 was $122,000 ($0.04 per share, basic and diluted), compared to the fourth quarter of 2009 when net income was $292,000 ($0.08 per share, basic and diluted).
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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