November 17, 2014 10:29 AM | 1 min read |
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.
Baker Hughes (NYSE: BHI) shares climbed 12.02% to $67.09. The volume of Baker Hughes shares traded was 1764% higher than normal. Halliburton (NYSE: HAL) announced its plans to buy Baker Hughes for $34.6 billion in cash and stock.Abengoa SA (NASDAQ: ABGB) shares moved up 26.91% to $11.60. The volume of Abengoa traded was 1518% higher than normal. Abengoa shares dropped 39.27% on Friday. Allergan (NYSE: AGN) shares rose 7.35% to $213.25. The volume of Allergan shares traded was 938% higher than normal. . Allergan agreed to be acquired by Actavis Plc (NYSE: ACT) for $66 billion.Actavis plc (NYSE: ACT) surged 3.85% to $253.16. The volume of Actavis shares traded 902% higher than normal. Actavis announced its plans to buy Allergan for $66 billion.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.