Mack-Cali Announces $150M Share Repurchase Program


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.


Mack-Cali Realty Corporation (NYSE: CLI) today announced that its Board of Directors has authorized a sharerepurchase program under which the Company may purchase up to $150 million ofthe Company's outstanding Common Stock. Purchases may be made from time totime in open market transactions or through privately negotiated transactions.Mack-Cali Realty Corporation is a fully integrated, self-administered,self-managed real estate investment trust (REIT) providing management,leasing, development, construction and other tenant-related services for itsclass A real estate portfolio. Mack-Cali owns or has interests in 276properties, primarily office and office/flex buildings located in theNortheast, totaling approximately 32.2 million square feet. The propertiesenable the Company to provide a full complement of real estate opportunitiesto its diverse base of over 2,000 tenants.

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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