Relational Investors will wind down its $6 billion fund, likely due to the ill health of co-founder Ralph Whitworth who was diagnosed with throat cancer.
The Wall Street Journal reports:
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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One internal memo at a public pension fund said Relational executives said they are focused on “executing an orderly liquidation and wind-down of operations” by the end of 2015.
The fund's largest positions were in Hewlett-Packard and SPX Corp.
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.