UPDATE: BMC Software Signs Definitive Pact to be Acquired for $46.25/Share

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.

BMC Software (NASDAQ: BMC) (“the Company”) has signed a definitive agreementto be acquired by a private investor group led by Bain Capital and Golden GateCapital together with GIC Special Investments Pte Ltd (“GIC”) and InsightVenture Partners (collectively, the “Investor Group”).Under the terms of the agreement, affiliates of the Investor Group willacquire all outstanding BMC common stock for $46.25 per share in cash, orapproximately $6.9 billion, representing an attractive premium to theCompany's unaffected stock price. The agreement was approved by unanimous voteof those directors present.

27% profit every 20 days?

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