December 7, 2012 1:01 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.
Tempur-Pedic International Inc.(NYSE: TPX), a leading manufacturer, marketer and distributor of premiummattresses and pillows worldwide, today announced that it proposes to offer,subject to market conditions and other factors, $350 million aggregateprincipal amount of senior notes due 2020 (the "Notes") to qualifiedinstitutional buyers pursuant to Rule 144A under the Securities Act of 1933,as amended (the "Securities Act"), and to certain non-U.S. persons inaccordance with Regulation S under the Securities Act. Tempur-Pedic expects touse the net proceeds of the offering, together with cash on hand andborrowings under new senior secured credit facilities to be entered into byTempur-Pedic, to finance the acquisition of Sealy Corporation and to payrelated fees and expenses.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.