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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Both UTi Worldwide Inc. (NASDAQ: UTIW) and Denmark's DSV A/S (OTC: DSDVY), confirmed Thursday that the companies had engaged in preliminary discussions, and not the advanced talks reported by Bloomberg on Wednesday. Both companies also said that there are currently no ongoing talks between the two.Shares of UTi Worldwide closed Thursday at $12.87, a loss of 7%.Hearing Unconfirmed Takeover Chatter in US SteelThe Rumor:
Shares of United States Steel Corp. (NYSE: X) rose Thursday, on renewed takeover chatter. ArcelorMittal (NYSE: MT) has been mentioned frequently as a potential buyer.A spokesperson for US Steel declined comment on the rumor.US Steel shares closed Thursday at $32.20, a loss of $0.16.Starz Shares Volatile on Conflicting Reports
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Shares of Starz (NASDAQ: STRZA) were volatile Thursday, on conflicting reports from various media outlets. CNBC's David Faber reported early in the day that CBS Corporation (NYSE: CBS) had no interest in the media and entertainment company. Later, a Forbes article suggested that Lions Gate Entertainment Corp. (NYSE: LGF), Twenty-First Century Fox, Inc. (NASDAQ: FOXA) and Comcast Corporation (NYSE: CMCSA) could be potential buyers. Just before the close Thursday, Bloomberg reported that Starz was exploring options, including partnerships with U.S.-based or European-based media companies.A Starz spokesperson was not available for comment.Strarz closed Thursday at $27.76, a loss of 16%.Keurig Green Mountain Acquires Bevyz For $220 MillionThe Deal:
Keurig Green Mountain, Inc. (NASDAQ: GMCR) announced Thursday, that it has entered into an agreement to acquire the outstanding equity of Bevyz that it does not already own. The transaction is valued at approximately $220 million.The deal is expected to close in the next month.Keurig Green Mountain closed Thursday at $134.28, a loss of 1%.
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.