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.
- Integrated software and technology services provider Tyler Technologies Inc (NYSE: TYL) acquired veteran claim management company DataSpec.
- DataSpec’s web-based, veterans’ claims management system, VetraSpec, is software-as-a-service (SaaS)-based and offers secure electronic claims submission to the federal Department of Veterans Affairs (VA) and reporting abilities apart from scheduling, calendaring, and payments.
- The financial terms of the transaction were not disclosed.
- This acquisition will consolidate Tyler’s position in the veterans’ benefits management solutions market. Tyler will also develop its veteran-focused software offerings to Veterans Affairs (VA) departments in additional states.
- TYL recently acquired digital government solutions and payments company NIC Inc (NASDAQ: EGOV) for $2.3 billion in cash.
- The company held cash and investments worth $758.5 million as of Dec. 31, 2020.
- Price action: TYL shares traded higher by 2.65% at $425.2 on the last check Wednesday.
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.
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