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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
MB Financial (NASDAQ: MBFI) and Taylor Capital Group (NASDAQ: TAYC) announced Monday the signing of a merger agreement whereby MB Financial will acquire Taylor Capital for $22.00 per share or approximately $680 million. Upon completion of the merger, each share of Taylor Capital common stock and nonvoting preferred stock will be converted into the right to receive 0.64318 shares of MB Financial common stock and $4.08 in cash, equal to 81% MB Financial stock and 19% cash.The deal is expected to close in the first half of 2014. Taylor Capital Group closed at $21.20 Monday, a gain of 19% on 30 times average volume. Loblaw to Acquire Shoppers Drug Mart for C$12.4B in Cash, stock Deal
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Loblaw Companies (OTC: LBLCF) and Shoppers Drug Mart (OTC: SHDMF) announced Monday a definitive agreement under which Loblaw will acquire all of the outstanding Shoppers Drug Mart common shares for C$33.18 in cash plus 0.5965 Loblaw common shares per each Shoppers Drug Mart common share, on a fully pro rated basis. The total consideration will consist of approximately 53.9% cash and 46.1% Loblaw common shares. Shoppers Drug Mart shareholders will have the ability to choose whether to receive C$61.54 in cash or 1.29417 Loblaw common shares plus $0.01 cash for each Shoppers Drug Mart share held, subject to pro ration.The deal requires the approval of at least 66 2/3% of the votes cast by the shareholders of Shoppers Drug Mart at a special meeting expected to take place in September 2013. Shoppers Drug Mart closed at C$57.60 Monday, a gain of 25%.Avis Acquires Payless Car Rental for $50M in CashThe Deal:
Avis Budget Group (NYSE: CAR) announced Monday that it has acquired Payless Car Rental for approximately $50 million in cash. Avis acquired ZipCar earlier this year.Avis Budget Group closed at $32.22 Monday, a loss of 1.5% on lower than average volume.
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.