June 22, 2012 9:17 AM | 1 min read |
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.
Associated Estates Realty Corporation (NYSE: AEC) today announced the pricing of a public offering of 5,500,000 of its common shares at a price of $14.40 per share, for net proceeds of approximately $75.8 million after the underwriting discount and estimated offering expenses (or approximately $87.2 million if the underwriters exercise their option to purchase additional shares in full). The Company has granted the underwriters a 30-day option to purchase up to an additional 825,000 of its common shares. All of the shares were offered by the Company and will be issued under the Company's currently effective shelf registration statement filed with the Securities and Exchange Commission. The offering is expected to close on June 27, 2012, subject to customary closing conditions.
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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