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.
Peloton Interactive Inc (NASDAQ:PTON) is soaring nearly 30% in Friday's after-hours session following a report from the Wall Street Journal that e-commerce giant Amazon.com Inc (NASDAQ:AMZN) has approached the connected fitness company about a potential acquisition.
The report suggests Peloton may be seeing offers from other companies as well.
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The company is "drawing interest from potential suitors including Amazon," according to the report, citing people familiar with the matter.
See Also: Should Apple, Nike Or Google Acquire Peloton In 2022?
PTON Price Action: Peloton has traded as low as $22.81 and as high as $157.83 over a 52-week period.
The stock was up 29.4% at $31.83 in after hours Friday afternoon.
Photo: courtesy of Peloton.
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.