27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Twenty-First Century Fox (Nasdaq: FOXA) cancelled $98B bid for Time Warner (NYSE: TWX) ranks as the second largest cancelation of a US merger and acquisition transaction. The only larger canceled deal came in 2000 when MCI Worldcom canceled a bid it began in 1999 for Sprint (NYSE: S). The MCI Worldcom and Sprint deal was valued at $127.8B in 1999. The canceled Fox bid for Time Warner brings announced US M&A deals down to $968B from $1.064T according to data from Capital IQ. M&A deals to date in 2014 are valued around $227B, up from 2013s full year deal value of $154B.
2014 Canceled M&A Deals By Sector - Data provided by Capital IQ
| Sector | Number of Deals |
|---|---|
| Financials | 83 |
| Consumer Discretionary | 59 |
| Information Technology | 37 |
| No Primary Industry Assigned | 36 |
| Energy | 32 |
| Industrials | 29 |
| Materials | 21 |
| Healthcare | 21 |
| Consumer Staples | 20 |
| Telecommunication Services | 7 |
| Utilities | 3 |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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