October 2, 2012 9:51 AM | 1 min read |
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.
NYSE Euronext (NYX) (the "Company") today announced the early results and pricing for its cash tender offer (the "Offer") to purchase up to €250,000,000 (subject to increase or decrease, the "Tender Cap") of its outstanding 5.375% Notes due 2015 (the "Notes"), as set forth in the Tender Offer Memorandum dated September 14, 2012 (the "Tender Offer Memorandum").At the applicable settlement date, the Company intends to accept tenders of Notes tendered at or prior to 17:00 hours CET (11:00 a.m., New York City time), on September 27, 2012 (the "Early Tender Time") in an amount and for the Full Tender Offer Consideration set out below, subject to the satisfaction or waiver of the conditions described in the Tender Offer Memorandum, including the Financing Condition. The Company would also pay the amount of Accrued Interest with respect to each purchased Note as set out below.
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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