Gridsum Execs Offer To Take Company Private At $3.80/Share


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.


Gridsum Holding Inc. (NASDAQ:GSUM) has received a letter from its chairman and CEO proposing to take the company private by acquiring the company in a transaction for $3.80 per share in cash.

Gridsum is a provider of cloud-based big-data analytics and artificial intelligence solutions in China. The transaction will be financed by a combination of debt and equity capital.

Gridsum shares were trading up 6.4% at $2.91 in Tuesday’s session.

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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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