Crescent Finanical Will Acquire ECB Bancorp for $17.75 per Share


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.


CrescentFinancial Bancshares, Inc. (Nasdaq: CRFN) and ECB Bancorp, Inc. (NYSEAmex:ECBE) jointly announced today the signing of a definitive mergeragreement under which Crescent Financial will acquire ECB Bancorp, Inc. for$17.75 per share or approximately $51.6 million.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsM&A