December 22, 2011 4:05 PM | 1 min read |
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.
Vail Resorts, Inc. (NYSE: MTN) today announced the results of its offer to exchange upto $390.0 million principal amount of newly issued 6.50% Senior SubordinatedNotes due 2019, registered under the Securities Act of 1933, for a likeprincipal amount of its outstanding, privately placed 6.50% SeniorSubordinated Notes due 2019.According to information provided by the exchange agent, The Bank of New YorkMellon Trust Company, N.A., approximately $390.0 million aggregate principalamount, or 100%, of the privately placed 6.50% Senior Subordinated Notes due2019 were tendered for exchange in the exchange offer. The exchange offerexpired at 5:00 p.m. New York City time on December 16, 2011.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.