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.
- Gates Industrial Corporation plc (NYSE:GTES) has priced the previously announced secondary offering of 22.5 million shares by selling shareholders at $11.75 per share.
- The offer price represents a 3% discount to the company’s closing price on May 17.
- The selling stockholders are affiliated with Blackstone Inc (NYSE:BX).
- The selling stockholders have also granted the underwriters a 30-day option to purchase up to 3.4 million additional shares.
- The offering is expected to close on May 23, 2023.
- Price Action: GTES shares are trading lower by 0.33% at $12.02 in premarket on the last check Thursday.
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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