August 1, 2015 7:55 PM | 1 min read |
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.
Kellogg Company and the Bakery, Confectionery, Tobacco and Grain Millers (BCTGM) union today announced the ratification of a new five-year master contract that covers the company's four Ready-To-Eat Cereal (RTEC) plants in Battle Creek, MI; Memphis, TN; Omaha, NE; and Lancaster, PA. The current contract is scheduled to expire on Oct. 3.The master contract ratification vote comes after Kellogg and BCTGM leadership successfully reached a tentative agreement on July 24, 2015. Approximately 1,300 employees are covered under this new contract, which will allow the company to further invest in innovation and brand growth."We are pleased we were able to work with the BCTGM to agree on a contract that helps ensure our U.S. plants will continue to be more competitive in our global manufacturing network," said Alistair Hirst, Sr. Vice President, Kellogg Global Supply Chain. "For our employees and for Kellogg, we remain committed to the future of this business and focusing together on producing the high-quality, nutritious foods that give people a better start to their day."The contract narrows the gap in labor costs at the company's RTEC locations across its manufacturing network and in the industry. It includes significant concessions
See full press release
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.