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!
SolarWinds (NYSE: SWI) announced Monday that it has acquired privately held Confio Software for $103 million in cash. Confio makes Ignite database performance management software. SolarWinds closed at $34.46 Monday, a loss of 2%.B&G Foods Acquires Rickland Orchards for Approximately $57.5MThe Deal:
B&G Foods (NYSE: BGS) announced Monday that it has acquired Rickland Orchards from Natural Instincts for approximately $57.5 million. The deal, which closed Monday, consists $37.4 million in cash and approximately $20.1 million in shares of common stock of B&G Foods.B&G Foods closed at $34.91 Monday, a loss of $0.24.Quantum Shares Spike on Rumor of Sale ProcessThe Rumor:
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Shares of BlackBerry (NASDAQ: BBRY) rose in pre-market trading on Monday, on a report from Reuters that the Ontario company is in talks with Cisco (NASDAQ: CSCO), Google (NASDAQ: GOOG) and SAP (NYSE: SAP) to sell all or part of the company. A spokesperson for SAP declined comment, while spokespersons for BlackBerry on the other rumored suitors did not respond to Benzinga's request for comment.Fairfax Capital, led by Prem Watsa, entered into a Letter of Intent on September 23 to acquire BlackBerry at $9.00 per share. However, Watsa's ability to raise the required financing to complete the deal are in question.BlackBerry closed at $7.97 Monday, a gain of 3.5%.Cooper Tire Tells Apollo They Have Not Agreed Reduction in Merger Price is WarrantedThe Response:
Shares of Cooper Tire (NYSE: CTB) fell almost 13% Monday, as the company issued a statement refuting a comment in Apollo Tyre's press release from Sunday, October 6. In that release, Apollo said that Cooper has agreed that "some ome price reduction is warranted."On June 12 Apollo announced it had agreed to acquire Cooper Tire for $35.00 per share in cash or $2.5 billion. The deal was approved by Cooper shareholders on September 30. A spokesperson for Apollo Tyre was not available for comment on the latest Cooper Tire response.Cooper Tire closed at $25.72 Monday.
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.