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.
PayPal (NASDAQ:PYPL) shares are trading higher after the company announced it is not pursuing an acquisition of Pinterest (NYSE:PINS) at this time.
Rumors of the possible acquisition started circulating last week following a Bloomberg report.
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"In response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that it is not pursuing an acquisition of Pinterest at this time," said PayPal in a statement issued today.
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 377 million active accounts at the end of 2020, including 29 million merchant accounts.
The stock has a 52-week high of $310.16 and a 52-week low of $174.81.
PayPal was trading 4.03% higher at $250.08 per share at the time of publication.
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.