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.
- Synopsys Inc (NASDAQ: SNPS) inked an accelerated share repurchase agreement with Mizuho Markets Americas LLC to buy back $100 million of Synopsys shares.
- Synopsys will receive an aggregate initial share delivery of 315,000 shares, with any remainder settlement by May 14 under the arrangement.
- The share buyback will be based on the average of Synopsys' daily volume-weighted average share prices during the repurchase period, minus discount.
- Synopsys held cash and equivalent of $1.02 billion as of Jan. 31, 2021.
- Price action: SNPS shares traded higher by 1.27% at $257.47 on the last check Monday.
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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