Canadian Pacific Railway, CSX Shares React To Termination Of Exploratory Talks


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.


Shares of CSX Corporation (NYSE: CSX) are trending lower while shares of Canadian Pacific Railway Limited (NYSE: CP) are appreciating, following an announcement that exploratory conversations held with CSX about a possible business combination have ended.


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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CSX shares recently traded at $32.70, down 3.4 percent.

Canadian Pacific shares recently traded at $199.50, up 2.9 percent.

Posted In: NewsPre-Market OutlookMovers