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.
- O-I Glass Inc (NYSE:OI) agreed to sell Cristar TableTop S.A.S. to Vidros Colombia S.A.S, an affiliate of Brazil-based tableware producer Nadir Figueiredo S.A.
- The company expects the sale to generate gross proceeds of $95 million and close during the first half of 2022.
- The sale of Cristar is consistent with O-I's ongoing portfolio optimization program to exit non-core operations and further advance its core business.
- Outlook: O-I Glass affirmed its previously communicated business outlook, including Q4 adjusted EPS of $0.30 - $0.35 (at October 22, 2021 currency exchange rates).
- Price Action: OI shares closed lower by 0.43% $11.54 on Thursday.
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!