Dollar Thrifty Shares Rise After Hertz Deal


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.


Dollar Thrifty Automotive Group (NYSE: DTG) has accepted a hefty takeover bid from Hertz Global Holdings (NYSE: HTZ) for $50 per share. The deal is totaled to be worth $1.43 billion. This is higher than the $1.3 billion cash-and-stock offer from Avis Budget Group (NYSE: CAR) DTG is trading about 5% higher today around $50.52HTZ is trading about 7% higher today around $10.77CAR is trading about 6% higher today around $$10.90

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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Posted In: NewsM&AMoversAvis BudgetDollar ThriftyHertzIndustrialsTrucking