Why Are Tremor Shares Trading Higher Tuesday Premarket?


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.


  • At least two institutional investors in Tremor International Ltd (NASDAQ:TRMR) sought Chairperson Chris Stibbs launch an immediate strategic review of the company, Sky News reports.
  • Additionally, the shareholders demanded that the Tel Aviv-based video and connected TV advertising firm use some of the cash on its balance sheet to repurchase stock.
  • Separately, Tremor recently held initial talks with a significant U.S.-based private equity firm over a potential takeover bid and signed a non-disclosure agreement.
  • Tremor held $333.3 million in cash and equivalents as of September 30.
  • Price Action: TRMR shares traded higher by 5.76% at $16.15 in the premarket session on the last check Tuesday.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: M&ANewsBuybacksSmall CapMoversTechMediaTrading IdeasBriefswhy it's moving