Fossil Group To Raise $125M Via Debt Offering


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.


  • Fossil Group Inc (NASDAQ:FOSLhas announced an underwritten registered public offering of $125 million of senior notes due 2026.
  • The company expects to grant the underwriters a 30-day option to purchase an additional $5.0 million of Notes.
  • Fossil intends to use the net proceeds of the offering to repay borrowings under its Term Credit Agreement.
  • B. Riley Securities, Inc, Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc. and William Blair & Co, L.L.C. are acting as book-running managers for this offering.
  • Price Action: FOSL shares closed higher by 6.35% at $12.57 on Monday.

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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