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.
- Greenbrook TMS Inc (NASDAQ:GBNH) has agreed to acquire Achieve TMS East LLC and Achieve TMS Central LLC.
- Greenbrook is a provider of Transcranial Magnetic Stimulation (TMS) therapy in the U.S.
- The deal value includes $8 million net of Achieve TMS' cash and debt.
- In addition, earn-out of up to an additional $2.5 million is based on the financial performance of Achieve TMS East.
- The acquisition of Achieve TMS East and Achieve TMS Central will enhance Greenbrook's position add 17 TMS centers to the Company's existing service delivery platform, for a total of 149 TMS centers.
- The Company will sell 1.3 million shares at $7.75 (C$9.93) per Common Share for gross proceeds of $10.07 million.
- The offer price is at a discount of 16.40% to the last close price of $9.27 on Tuesday.
- Underwriters have an option to purchase an additional 195,000 shares. If exercised in full, gross proceeds would reach $11.6 million.
- Price Action: GBNH stock traded 18.20% lower to $7.58 in the market session 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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