Bill Ackman Goes Into More Detail On His J.C. Penney Investment

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.

Bill Ackman said JC Penney (NYSE: JCP) is the most economically sensitive investment he has made. He said at the Value Investing Congress, while most retailers have rallied since 2009, JCP is the same as it was in '09.Ackman loves J.C. Penney's strong balance sheet, great real estate, significant non-operating assets. Bill Ackman mentioned he learned about some of J.C. Penney's non-operating assets through the General Growth bankruptcy

27% profit every 20 days?

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