Starboard Said to Raise Stake in Office Depot, Build Stake in Staples - ODP (NASDAQ:ODP)

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.

Activist investor Starboard Value has reportedly raised its stake in Office Depot, Inc. (NASDAQ: ODP) to 10% from 8.6% and has built a roughly 6% stake in Staples, Inc. (NASDAQ: SPLS), according to sources, as reported by the Wall Street Journal on Wednesday. Filings for the transactions are expected to be released on Thursday.There has been unusual call activity in Staples over the past week, which can signal major events, including merger activity.Staples shares closed Wednesday at $14.81, a gain of 2.5%, while Office Depot shares rose 2.5% to close at $6.72.

27% profits every 20 days?

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