October 22, 2013 7:08 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.
IBERIABANK Corporation (NASDAQ: IBKC), the holding company of IBERIABANK, announced today the Board of Governors of the Federal Reserve System has approved the application of IBERIABANK to acquire certain assets and assume certain liabilities associated with the Memphis, Tennessee operations of Trust One Bank, a division of Synovus Bank. Completion of the transaction remains subject to the satisfaction of customary closing conditions under the terms of the acquisition agreement, receipt of all other remaining regulatory approvals, and expiration of the 15-day waiting period associated with the Federal Reserve Board's approval.At August 31, 2013, Synovus Bank had $131 million in loans, $205 million in total deposits, and 33 employees serving the Memphis market through six bank branch offices.At September 30, 2013, IBERIABANK Corporation (the "Company") had total assets of $13.1 billion, shareholders' equity of $1.5 billion, and a tangible common equity ratio of 8.64%. The Company's common stock trades on the NASDAQ Global Select Market under the symbol "IBKC."The Company is a financial holding company with 267 combined offices, including 170 bank branch offices and four LPOs in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 21 title insurance offices in Arkansas and Louisiana, mortgage representatives in
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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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