August 7, 2012 8:07 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.
The Sherwin-Williams Company (NYSE: SHW) has received notification of an unsolicited mini-tender offer by TRC Capital Corporation (TRC) to purchase up to 1,000,000 shares, or approximately 0.97 percent, of Sherwin-Williams' outstanding common stock at a price of $129.50 per share. The offer price was 4.39% below the closing price on July 30, 2012, the day before the offer commenced. Sherwin-Williams does not endorse TRC's offer and recommends that shareholders do not tender their shares. TRC's offer is a mini-tender offer at a price below the current market price for Sherwin-Williams shares and is subject to numerous conditions. Sherwin-Williams strongly recommends that shareholders obtain current market quotes for their shares, review the conditions to the offer, consult with their financial advisor and exercise caution with respect to TRC's offer. Sherwin-Williams is not associated in any way with TRC, this unsolicited offer or the documents related to this 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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