Leucadia National Says Tender Inment Shares to Bid by First Quantum; Owns About 15.9% Inmet Shares


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.


Leucadia National Corporation (NYSE: LUK) announced today that it has filed areport with Canadian securities regulators disclosing that, based on currentpublicly available information, and in the absence of changed circumstances ornew information (including an alternative transaction that would providegreater value), Leucadia would intend to tender the common shares of InmetMining Corporation that it owns to the take-over bid that has been made byFirst Quantum Minerals Ltd. for all of the common shares of Inmet. Leucadiamay be considered to beneficially own 11,042,413 (approximately (15.92%)) ofthe outstanding common shares of Inmet for purposes of applicable Canadiansecurities laws.

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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