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.
Crane Co (NYSE:CR) has raised its acquisition offer for Circor (NYSE:CIR) to $48 per share from $45 per share.
On June 24, Circor's board of directors rejected Crane’s proposal to acquire the firm for $45 per share, saying the offer is “highly opportunistic” and “substantially undervalued.”
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Circor designs and manufactures engineered products and systems for the oil and gas, defense, and other industrial markets.
Circor shares closed Friday's session at $46.07. The stock has a 52-week high of $48.70 and a 52-week low of $19.73 per share.
Related Links:
Circor's Board Rejects Crane's $45/Share Acquisition Offer
A Peek Into The Markets: US Stock Futures Signal Lower Start On Wall Street
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.