IAG To Buy British Midland


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.


International Consolidated Airlines Group SA (OTC: ICAGY) reached an agreement to acquire British Midland Ltd from Deutsche Lufthansa AG (OTC: DLAKY) for GBP172.5 million in cash.The deal is likely to complete during Q1 2012.ICAGY shares closed at $11.13 yesterday, while DLAKY shares closed at $11.78 yesterday.

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.


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Posted In: NewsM&Amerger and acquisition