ThredUp To Raise More Than $170M From IPO At $14 Per 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.


  • Online consignment and thrift store for high-quality second-hand clothes, ThredUp Inc (NASDAQ: TDUP) has priced 12 million shares at the top end of its price range of $14 per share in its initial public offering (IPO). 
  • ThredUp expects to raise gross proceeds of $168 million. Besides, the underwriters have a 30-day option to purchase additional shares up to 1.8 million.
  • The shares are expected to begin trading on the Nasdaq under the symbol "TDUP" today.
  • Goldman Sachs & Co. LLC, Morgan Stanley, and Barclays are the lead book-running managers for the offering.

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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