Ultra Electronics Buys 2 Surveillance Technology Firms For $115M


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.


Ultra Electronics Holdings PLC (OTC: UEHPY) reported that it has acquired two US surveillance technology firms for $115 million. Ultra Electronics will pay $76.6 million for Zu Industries Inc and $38.4 million for Special Operations Technology Inc.

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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Posted In: NewsM&Amerger and acquisition