November 9, 2012 6:38 AM | 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.
Physicians Formula Holdings (NASDAQ: FACE) announced today that it has been informed by Markwins International Corporation ("Markwins") that Markwins will not close the acquisition of Physicians Formula on or before November 13, 2012 as previously announced, but that Markwins intends to close the acquisition by mid-December 2012. Physicians Formula is evaluating its rights and remedies in light of this development. As previously announced, Physicians Formula entered into an agreement and plan of merger dated September 26, 2012 with Markwins and Markwins Merger Sub, Inc. At a special meeting of stockholders of Physicians Formula held on November 8, 2012, the stockholders of Physicians Formula approved the acquisition of Physicians Formula by Markwins contemplated by the merger agreement.
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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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