UPDATE: Bank of Ozarks to Pay $27.3M for Genala

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.

Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced today that it has enteredinto a definitive agreement and plan of merger (“Agreement”) with Genala Banc,Inc. According to the terms of the Agreement, Bank of the Ozarks, Inc.(“Company”) will acquire all of the outstanding common stock of Genala Banc,Inc. in a transaction valued at approximately $27.3 million. Followingclosing, the transaction is expected to be accretive to the Company's bookvalue per common share, tangible book value per common share and dilutedearnings per common share.

27% profit every 20 days?

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!