October 1, 2013 9:32 PM | 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.
Burlington Stores, Inc. (the “Company”) announced today the pricing of its underwritten initial public offering of 13,333,333 shares of its common stock at a price to the public of $17.00 per share. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 2,000,000 shares. The shares will be listed on the New York Stock Exchange beginning on October 2, 2013 and will trade under the symbol “BURL.” The offering is expected to close on October 7, 2013. The Company expects to receive proceeds, net of underwriters' discounts and commissions and estimated offering expenses payable by the Company, of approximately $205.0 million from the offering and intends to use the
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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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