ABB To Acquire Power-One For $1.03B


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.


ABB (NYSE: ABB) announced its plans to buy Power-One (NASDAQ: PWER) for around $1.03 billion. ABB will acquire Power-One for $6.35 per share.ABB shares closed at $21.42 on Friday, while Power-One shares closed at $4.04 on Friday.

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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Posted In: NewsM&Amerger and acquisition