PetSmart Bid Deadline Extended as Lenders Face Regulatory Issues -NY Post

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.

The deadline PetSmart (NASDAQ: PETM) bidders has been extended to later this week, as lenders face regulatory issues, reports the NY Post. The deadline for second-round bids had been last Friday, but lenders have attracted the concern of regulators for being overly aggressive in competing to finance the deal, according to sources.PetSmart shares closed Friday at $78.20, a loss of 1%.http://nypost.com/2014/12/08/lenders-leashed-in-petsmart-auction/

27% profits every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!