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.
- Fortinet Inc (NASDAQ: FTNT) priced $500 million 1% notes due 2026 and $500 million 2.2% notes due 2031 in a debt offering.
- The offering is expected to close on March 5, 2021.
- Fortinet intends to utilize the offering proceeds for general corporate purposes, including additions to working capital, financing of capital expenditures, repayment debt, share buybacks, and acquisitions.
- BofA Securities, J.P. Morgan, Morgan Stanley, and Goldman Sachs are the joint book-running managers of the offering.
- FTNT stock has gained 43.79% in the last three months.
- Price action: FTNT shares closed higher by 0.64% at $169.85 on Wednesday.
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.
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!