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.
Eastman Chemical Company (NYSE:EMN) has entered into an agreement to acquire Industrias del Acetato de Celulosa S.A. (INACSA), a Spanish producer of cellulosic yarn for an undisclosed amount.
INACSA’s yarn business will support the growth of Naia cellulosic yarn for the apparel market and will become part of the global Fibers segment supply base.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Eastman Chemical shares were trading higher by 2.2% at $75.48 at time of publication. The stock has a 52-week high of $104.76 and a 52-week low of $64.84.
Related Links:
Vera Bradley To Acquire Majority Ownership Of Pura Vida For $75M
FDA Approves Edesa's Dermatitis Treatment Study, Shares Up More Than 100%
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.