Annaly Capital Management Prices 16M Shares at $25 - Annaly Capital Management (NYSE:NLY)

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.

Annaly Capital Management, Inc. (NYSE: NLY) today announced that it has priceda public offering of 16 million shares of its 7.50% Series D CumulativeRedeemable Preferred Stock (the “Series D Preferred Stock”), liquidationpreference $25.00 per share, for gross proceeds of approximately $400 million.The offering is subject to customary closing conditions and is expected toclose on or about September 13, 2012.

27% profit every 20 days?

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