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.
- Ingersoll Rand Inc (NYSE:IR) has completed the acquisition of Tuthill Corporation's Pump Group assets in an all-cash transaction of $85 million.
- Pump Group's employees and brands will join the Ingersoll Rand Precision and Science Technologies (PST) segment.
- With approximately 100 employees, annual sales of more than $25 million, and two manufacturing locations in Alsip, Illinois and Ilkeston, U.K., the Pump Group complement existing PST brands, including MP Pumps, Oberdorfer, and ARO, increases PST's market presence.
- Ingersoll Rand expects the identified growth and cost savings opportunities to drive the reduction of Adjusted EBITDA purchase multiple to mid-single digits by year three of ownership.
- Ingersoll Rand held cash and cash equivalents of $2.03 billion as of September 2021.
- Price Action: IR shares are trading higher by 1.54% at $59.24 on the last check Wednesday.
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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