September 25, 2012 1:42 PM | 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.
Cheniere Energy Partners, L.P.("Cheniere Partners") (NYSE: CQP) announced today the closing of itspreviously announced underwritten public offering of common units representinglimited partner interests of Cheniere Partners. The previously announced8,000,000 common units were sold to the public at a price of $25.07 per unit. The net proceeds of the offering, after deducting underwriting discounts andestimated offering expenses, were approximately $194.0 million. ChenierePartners intends to use the net proceeds from the offering to repay a portionof the $550 million principal amount outstanding of the 7.25% Senior SecuredNotes due November 2013 that was issued by Sabine Pass LNG, L.P., our whollyowned subsidiary, and, to the extent not so used, for general businesspurposes.
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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