Churchill Downs To Sell Arlington Heights Property For $197.2M


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.


  • Churchill Downs Inc (NASDAQ:CHDNhas signed a Purchase and Sale Agreement with the Chicago Bears.
  • The company has agreed to sell the 326-acre property in Arlington Heights, Illinois, currently the home of Arlington International Racecourse, for $197.2 million.
  • The company targets closing the sale of the property in late 2022 / early 2023.
  • Churchill Downs plans to use the proceeds to purchase or invest in the replacement property.
  • Price Action: CHDN shares are trading lower by 0.48% at $240.09 on the last check Wednesday.

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: M&ANewsBriefs