January 8, 2013 7:20 AM | 1 min read
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.
Cincinnati Bell (NYSE: CBB) announced today that CyrusOne Inc., its wholly owned subsidiary that owns and operates Cincinnati Bell's data center business, has commenced the initial public offering of 16,500,000 shares of its common stock. All of the shares of common stock are being offered by CyrusOne. The estimated price range for the initial public offering is $16.00 to $18.00 per share. The underwriters will be granted an option to purchase up to 2,475,000 additional shares of common stock from CyrusOne at the initial public offering price, less underwriting discounts and commissions. CyrusOne has applied to list its common stock on the NASDAQ Global Select Market under the symbol “CONE.” Upon completion of this offering, Cincinnati Bell expects to effectively
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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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