Shares of Procter & Gamble Co (NYSE: PG) are experiencing volatility Thursday following management change talks at the company.
On Wednesday beginning at approximately 3:30 p.m. EDT, shares began to selloff amid the appointment of former Procter executive Adil Mehboob-Khan as co-CEO of Luxottica Group.
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Shares of Procter & Gamble continued to selloff on Thursday, last at $83.26, down 1.1 percent.
Other stocks in the sector are experiencing mixed results:
Johnson & Johnson (NYSE: JNJ) up 1.3 percent.
Colgate-Palmolive Company (NYSE: CL) down 0.5 percent.
Church & Dwight Co (NYSE: CHD) down 0.16 percent
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.