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.
NEW YORK, Dec. 10, 2014 /PRNewswire/ -- Dice Holdings, Inc. (NYSE: DHX) today announced that Michael Durney, President & CEO, and two other senior executives have adopted pre-arranged stock trading plans covering stock options set to expire in February 2015. These plans are in accordance with the guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934. Commencing in December 2014, Mr. Durney's plan provides for the exercise of all options (200,000 in total) due to expire in February 2015 and the sale of a portion of those shares acquired upon exercise. The remainder of the shares will be held by Mr. Durney.
Rule 10b5-1 plans allow corporate officers and directors to adopt written, pre-arranged stock trading plans when they are not in possession of material, non-public information. Such plans establish parameters for future stock transactions to automatically take place.
The transactions under the plan will be disclosed publicly through filings with the Securities and Exchange Commission.
About Dice Holdings, Inc.
Dice Holdings, Inc. (NYSE: DHX) is a leading provider of specialized websites for professional communities, including technology and engineering, financial services, energy, healthcare, hospitality and security clearance. Our mission is to help our customers source and hire the most qualified professionals in select and highly skilled occupations, and to help those professionals find the best job opportunities in their respective fields and further their careers. For more than 20 years, we have built our company by providing our customers with quick and easy access to high-quality, unique professional communities and offering those communities access to highly relevant career opportunities and information. Today, we serve multiple markets primarily in North America, Europe, Asia and Australia.
Investor Contact
Dice Holdings, Inc.
Constance Melrose, 212-448-4181
ir@diceholdingsinc.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dice-holdings-inc-announces-rule-10b5-1-stock-trading-plans-for-expiring-stock-options-300007703.html
SOURCE Dice Holdings, Inc.
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.
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!