April 10, 2012 12:25 PM | 1 min 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.
Morgan Stanley remains Overweight-rated on Danaher (NYSE: DHR) as the company reenters the M&A market with the acquisition of X-Rite. Morgan Stanley notes, "This morning, Danaher announced that it has entered an agreement to acquire X-Rite, Inc. (NASDAQ: XRIT) for $5.55/share (10% premium to its 52w high), and including assumption of $145m of net debt, total EV is $625m. …Strategically, the deal looks consistent with DHR's previously communicated intentions to grow Product ID via M&A, as well as increasing exposure to Industrial markets vs. Med-Tech. While the business is already operating at 26% EBITDA margins, there should be good overlap and synergy opportunities within the existing PID platform, especially with Esko Artwork."DHR closed at $54.59 a share yesterday.
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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