Susser Holdings Announces Public Offering of 3.5M Shares

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.

Susser Holdings Corporation (NASDAQ: SUSS) today announced that it has commenced an underwritten public offering of approximately 3.5 million shares of its common stock. In connection with the offering, Susser will grant the underwriters an option to purchase up to 525,000 additional shares. Susser intends to use the net proceeds from this offering for growth capital for new store development and general corporate purposes which may include opportunistic debt reduction, from time to time, based on market conditions.

27% profits every 20 days?

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!