Why Amazon Is Sending Signify Health Shares Higher Today


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Signify Health Inc (NYSE:SGFY) shares are trading higher Monday following media reports that Amazon.com Inc (NASDAQ:AMZN) may be interested in acquiring the company. 

According to a Wall Street Journal report, Signify is for sale via an auction, which could value the company at more than $8 billion. Bids are reportedly due in the coming weeks but it's possible a deal could be announced before Labor Day. Amazon is reportedly among the companies bidding for Signify Health.

CVS Health Corp (NYSE:CVS) and UnitedHealth Group Inc (NYSE:UNH) are among the other companies interested. 

Signify Health is a healthcare technology company that leverages advanced analytics, technology and nationwide healthcare provider networks to create and power value-based payment programs.

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SGFY Price Action: Signify Health is making new 52-week highs on Monday.

The stock was up 39.6% at $29.65 at press time, according to Benzinga Pro.

Photo: courtesy of Amazon.


27% profits every 20 days?

This is what Nic Chahine averages with his options 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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