What's Going On With Cosmos Holdings Stock Falling Sharply?


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.


Cosmos Holdings Inc (NASDAQ:COSM) shares are trading lower by 48.67% to $0.07 after the company announced pricing of a $7.5 million upsized public offering at $0.12 per share.

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Cosmos Holdings says the closing of the offering is expected to occur on or about October 20, subject to the satisfaction of customary closing conditions.

Cosmos Holdings intends to use the net proceeds from the offering for its pending or potential acquisitions, payment of certain liabilities to existing warrant holders, as well as for working capital purposes and general corporate purposes.

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According to data from Benzinga Pro, Cosmos Holdings has a 52-week high of $4.59 and a 52-week low of $0.07.


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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