December 6, 2012 6:00 PM | 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.
MGM Resorts International (NYSE: MGM) today announced that it has priced a public offering of $1.25 billion in aggregate principal amount of 6.625% senior unsecured notes due 2021 at par. The transaction is expected to close on December 20, 2012. Barclays Capital Inc. ("Barclays") and J.P. Morgan Securities LLC ("J.P. Morgan") will act as representatives of the underwriters and Barclays, J.P. Morgan, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc., BNP Paribas Securities Corp., RBS Securities Inc., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc. and SMBC Nikko Capital Markets Limited will act as joint book-running managers for the proposed offering.
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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