Sara Lee Looks to its Past For New Spinoff's Name

by Benzinga Staff
March 14, 2012 3:15 PM | 28 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.

Sara Lee (NYSE: SLE) is taking a nostalgic look back at once of its coffee brands in naming its new coffee and tea business D.E. Master Blenders 1753. The name gives a nod to the history of one of its coffee brands, Douwe Egberts, which started in 1753. The packaged foods company, which owns Ball Park, Jimmy Dean meats brands as well Pickwick and Espresso branded coffee and tea lines, will spin off the D.E. Master Blenders 1753 company in June. The new...Read the full story at Investor's Business Daily here

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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