March 4, 2013 12:28 PM | 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.
Ferro Corporation (NYSE: FOE) today confirmed that its Board ofDirectors had previously received and rejected an unsolicited proposal from A.Schulman, Inc. (Nasdaq: SHLM) to acquire all of the outstanding shares ofFerro common stock for $6.50 per share in cash and stock.Ferro's Board of Directors, in consultation with financial and legal advisors,unanimously determined that the A. Schulman proposal is not in the bestinterests of Ferro shareholders and that continued execution of the Company'svalue creation strategy will deliver greater value to Ferro shareholders.Ferro advises shareholders to take no action at this time.Goldman, Sachs & Co. is serving as Ferro's financial advisor, and Jones Day isserving as its legal advisor.
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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