September 13, 2010 9:52 AM | 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.
CoreSite Realty Corporation (NYSE: COR) today announced the commencement of an initial public offering of 16,900,000 shares of the Company's common stock, par value $0.01 per share. The Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 2,535,000 shares to cover over-allotments, if any. The Company intends to use the net proceeds of the offering to purchase operating partnership units from its operating partnership and from various real estate funds affiliated with the Carlyle Group that are contributing properties to the operating partnership concurrently with the consummation of the initial public offering. The operating partnership, in turn, intends to use such proceeds to fund redevelopment and development of data centers, repay debt and for general corporate purposes.
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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