January 31, 2013 7:28 AM | 1 min read |
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.
Scientific Games Corporation (Nasdaq: SGMS) and WMS Industries Inc. (NYSE: WMS) today announced that the companieshave entered into a definitive agreement under which Scientific Games hasagreed to acquire WMS for $26.00 in cash per common share or approximately$1.5 billion.The transaction, which was unanimously approved by both the Scientific Gamesand WMS Boards of Directors, combines two leading companies in the gamingindustry to create an organization that will supply an extensive range ofproducts and services to public and private sector lottery and gamingcustomers throughout the world. Scientific Games is a leader in the supply oflottery instant tickets, lottery and video gaming systems and server-basedgaming. WMS is a leader in the supply of gaming machines and interactivegaming content.
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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