Merit Medical to Buy Thomas Medical Products for $167M

by Benzinga Staff
November 26, 2012 4:01 PM | 17 seconds read | Make a Comment

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.

Merit Medical Systems,Inc. ("Merit") (Nasdaq: MMSI), a leading manufacturer and marketer ofproprietary disposable devices used primarily in cardiology, radiology andendoscopy, today announced that it has entered into a stock purchase agreementto acquire Thomas Medical Products, Inc. ("Thomas Medical") from GE Healthcarein an all-cash transaction valued at approximately $167 million, subject tocustomary post-closing adjustments.

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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