Spirit Airlines (NYSE:SAVE) shares are trading higher following an NYT report suggesting JetBlue Airways Corp (NASDAQ:JBLU) has made a $3.6 billion offer for the company.
The report indicated JetBlue's offer represents a 40% premium to Frontier Group Holdings Inc (NASDAQ:ULCC)'s previous offer.
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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Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of Dec. 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft.
At the time of publication, shares of Spirit Airlines were up 22.42% at $26.42. The stock has a 52 week low of $18.26 and a 52-week high of $39.19.
JetBlue's stock was down 7% at $13.63.
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.