Sandstorm Gold (SAND) signs LOI with Luna, gains in price

by Benzinga Staff
March 20, 2015 10:26 AM | 22 seconds read | Make a Comment

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.

Sandstorm Gold Ltd. (NYSE MKT: SAND) shares gained 3.5% to $3.24, on signing a Letter of Intent with Luna Gold Corp., outlining restructuring of its gold stream and debt facility agreement. Sandstorm currently holds a 17% gold stream on Luna's Aurizona project in Brazil and has a debt facility outstanding to Luna with a principal amount of $20 million. Share volume was 12,000, compared to an all-day average of 106,000

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.

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