GE Acquires PRESENS, Norway-Based Supplier of Industrial Sensors


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.


GE (NYSE: GE) today announced the acquisition of PRESENS, a provider of pressure, temperature and flow measurement solutions. The acquisition expands GE's portfolio of sensing solutions and will be part of the company's Measurement & Control business within GE Oil & Gas. This acquisition will enhance GE Oil & Gas's presence in Norway and will allow customers of both companies to benefit from an innovative and integrated technology offer. Headquartered in Oslo, Norway, PRESENS employs 36 people in total and provides high-performance sensors, specializing in high-pressure measurements and severe environments.

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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