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.
- Bowman Consulting Group Ltd (NASDAQ:BWMN) has acquired the assets of BTM Engineering, Inc., a diversified professional services firm based in Louisville, Kentucky. Financial terms were not disclosed.
- BTM offers various services, including civil and structural engineering, planning, land survey, 3-D scanning, landscape architecture, and cellular infrastructure design.
- The company expects the acquisition to initially contribute ~$3 million of annual net service billing and be immediately accretive.
- Bowman Consulting financed the deal with a combination of cash, seller financing, and stock. It held cash and equivalents of $38.55 million as of June 30, 2021.
- The company expects to close the acquisition prior to its upcoming third-quarter earnings call in November.
- "The economics of this acquisition are attractive relative to our communicated goals and objectives for M&A," Bruce Labovitz, Bowman's CFO.
- Price Action: BWMN shares are trading higher by 0.07% at $14.01 on the last check Friday.
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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