October 24, 2012 11:06 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.
OpenGate Capital, LLC, a private investment and acquisition firm, announcedtoday it has acquired the Laboratory (“Lab”) Workstations business from ThermoFisher Scientific Inc. (NYSE: TMO). Lab Workstations is a leading designer,manufacturer and installer of laboratory furniture, fume hoods and epoxy resintops. No financial terms were disclosed.Andrew Nikou, OpenGate Capital's founder, Managing Partner and CEO stated, “Weare extremely pleased to have worked with Thermo Fisher on this divestiture.We view the Lab Workstations business as an extraordinary opportunity for ourteam to apply our operational know-how and maximize the efficiencies of thebusiness. I am confident that great value will be created as this acquisitionsits perfectly in our wheel house of expertise; from transitioning andoperating a niche manufacturing business, to satisfying existing and newcustomer orders, and integrating approximately 1,800 employees into our familyof companies. We are committed to investing significant human and financialcapital and look forward to building upon the inherent successes of thebusiness.”
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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