Sara Lee Approves Special $3 Dividend, Reverse 1-for-5 Stock Split

by Benzinga Staff
May 31, 2012 5:27 PM | 16 seconds read | Make a Comment

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.

Sara Lee Corp. (Sara Lee) (NYSE: SLE) today announced that its board ofdirectors has unanimously approved the separation of its international Coffee& Tea business (“CoffeeCo”) from Sara Lee Corp. The Sara Lee board has alsoapproved a 1-for-5 reverse stock split of shares of Sara Lee common stock totake effect immediately after the separation.

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.

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