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.
- Stillwater Mining Company (NYSE: SWC) surged 19 percent to $17.45. The volume of Stillwater Mining shares traded was 2154 percent higher than normal. Sibanye Gold Ltd (ADR) (NYSE: SBGL) announced plans to acquire Stillwater for $18.00 per share in cash.
- Las Vegas Sands Corp. (NYSE: LVS) shares moved up 4 percent to $56.87. The volume of Las Vegas Sands traded was 343 percent higher than normal. Las Vegas Sands shares have climbed 25.10 percent over the past 52 weeks, while the S&P 500 index has gained 9.70 percent in the same period.
- Eros International plc (NYSE: EROS) shares gained 7.2 percent to $16.45. The volume of Eros International shares traded was 280 percent higher than normal. Wells Fargo upgraded Eros from Market Perform to Outperform.
- Broadcom Ltd (NASDAQ: AVGO) shares rose 4.2 percent to $177.90. The volume of Broadcom shares traded was 626419 percent higher than normal. Broadcom reported Q4 adjusted earnings of $3.47 per share on revenue of $4.146 billion. The company projects Q1 sales of $4.075 billion, plus or minus $75 million.
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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