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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Staples, Inc. (NASDAQ: SPLS) and Office Depot, Inc. (NYSE ODP) announced Wednesday, that the companies have agreed that Staples will acquire all of the outstanding shares of Office Depot for $7.25 per share in cash and 0.2188 of a share in Staples stock, for a transaction valued at $6.3 billion. The two companies had been in talks since September 2014 and were pressured by activist investor Starboard to make a deal.The deal is expected to close by the end of 2015.Office Depot shares gained more than 2% Wednesday, closing at $9.48, while Staples shares lost 12%, closing at $16.73. Trafigura Said to have Interest in PeabodyThe Rumor:
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Shares of ClickSoftware Technologies Ltd. (NASDAQ: CKSW) rose Wednesday, on a report from Israel's The Marker, that the company was for sale, according to sources. George Soros has a 9% stake in ClickSoftware.ClickSoftware is said to have hired Piper Jaffray as an advisor on the sale process. A person close to the situation declined comment.ClickSoftware shares gained more than 11% Wednesday, closing at $7.88.
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.