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.
The announcement Tuesday by eBay Inc (NASDAQ: EBAY) that it would spin off its PayPal unit provides a victory for activist investor Carl Icahn.
Icahn had long proposed spinning off the PayPal business as a way to unlock shareholder value.
Icahn, the seventh largest shareholder, controls about 2.48 percent of the outstanding shares in eBay, holding 30.8 million shares in the company as of a June 30 filing. He had previously pushed for two board seats, ending up settling with former AT&T CEO David Dorman as a director.
EBay is up 7.5 percent at $56.50 in pre-market trading, representing a more than $118 million gain for Icahn on his eBay stake.
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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