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.
- BlackRock Inc (NYSE: BLK) has more than doubled its stake in SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) from 2.5% to 5.15%, making it the fourth-largest stakeholder after Masayoshi Son at 33.33%, Nomura Holdings Inc (NYSE: NMR) at 6.84%, and JPMorgan Chase & Co (NYSE: JPM) at 5.79%, Bloomberg reports.
- SoftBank’s stock has more than tripled from its pandemic low in last year’s March, supported by its $23 billion buybacks.
- The stock lost 20% from a two-decade high in mid-March, despite a Q4 earnings beat.
- SoftBank plans to raise $3.7 billion from the yen-denominated bond sale, Bloomberg reports.
- Price action: SFTBF shares traded lower by 2.62% at $78.35 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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