IAC Will Sell $500M Senior Notes 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.


IAC (Nasdaq: IACI) announced todaythat it has agreed to sell $500 million aggregate principal amount of 4.75%senior notes due 2022 (the "Notes") in a private offering (the "Offering"). The Notes will be guaranteed by certain subsidiaries of IAC.  The Offering ofthe Notes is expected to close on December 21, 2012.

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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Posted In: NewsOfferings