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.
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday, September 1 through Monday, September 4, 2017.
United Technologies to Acquire Rockwell Collins for $30B in Cash, Stock
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The Deal:
United Technologies Corp. (NYSE:UTX) confirmed its buying Rockwell Collins, Inc. (NYSE:COL) for $140.00 per share in cash and United Technologies stock. Under the terms of the agreement, Rockwell Collins shareholders will receive $93.33 per share in cash and $46.67 in UTC common stock.
The deal is expected to close by Q3 of 2018, subject to approval by Rockwell Collins' shareholders and regulatory approvals.
Rockwell Collins closed at $130.61 on Friday, down 44 cents.
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H.B. Fuller to Acquire Royal Adhesives & Sealants for $1.575B
The Deal:
HB Fuller Co (NYSE:FUL) announced it has agreed to purchase the manufacturer of high-value specialty adhesives and sealants, Royal Adhesives & Sealants, for $1,575 million. The deal could close as early as next month, subject to regulatory approvals.
H.B. Fuller closed Friday at $50.68, up 49 cents.
Chilean Regulators Approve AT&T Acquisition of Time Warner
The Approval:
Chile's FNE has approved AT&T's (NYSE:T) pending acquisition of Time Warner Inc. (NYSE:TWX). AT&T and Time Warner have now received merger approval from 17 competition authorities reviewing the transaction outside the U.S.
Time Warner closed Friday at $101.60, up 50 cents.
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.