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.
- Kraft Heinz Co (NASDAQ:KHC) has agreed to sell its baby food to Russian soft drinks maker, Chernogolovka.
- Chernogolovka has been a major gainer and has capitalized well on the departure of western brands in the wake of the Russia-Ukraine crisis, reported Reuters.
- The Russian company has also acquired Kellogg Co's (NYSE:K) local operations. It is also expecting to expand and gain more share in the soft drinks market as giants Coca-Cola Co (NYSE:KO) and PepsiCo Inc (NASDAQ:PEP) withdrew.
- Also Read: Kraft Heinz Says New Pact May Yield 1 Million New Ways To Make Sale In Latin America
- The deal will comprise two factories and the 'Umnitsa' and "Sami s usami' brands.
- The report noted that Kraft Heinz estimates the deal's value at between 2.5 and 3 billion roubles ($32.4-$38.9 million).
- Price Action: KHC shares are trading lower by 0.53% at $38.63 on the last check Friday.
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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