The Principal Financial Group to Purchase Majority Stake in Claritas; Terms Not Disclosed

by Benzinga Staff
March 1, 2012 7:00 AM | 25 seconds read

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.

The Principal Financial Group, Inc. (NYSE: PFG) today announced a definitive agreement to purchase a 60 percent indirect ownership of Claritas Administração de Recursos Ltda. / Claritas Investments, Ltd. (Claritas). Price is not being disclosed. Claritas is a leading Brazilian mutual fund and asset management company with more than R$3.1 billion in assets under management1 (US$1.8B). The Sao Paulo-based company manages equity funds, balanced funds, managed accounts and other strategies for affluent clients and institutions through its multi-channel distribution network.

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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