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.
Yahoo!, Inc. (NASDAQ: YHOO) announced Friday that it has reached an agreement to acquire social shopping site Polyvore. Terms were not disclosed.Yahoo closed at $36.67 on Friday, a loss of 2%. Hearing Unconfirmed Market Chatter of Potential Costco Bid for Whole FoodsThe Rumor:
Shares of Whole Foods Market, Inc. (NYSE: WFM) were boosted Friday, on unconfirmed market chatter of a potential offer from Costco Wholesale Corporation (NASDAQ: COST). The rumored bid is $44.00 per share.Publix has also been mentioned on several occasions as a potential Whole Foods suitorSpokespersons for Whole Foods and Costco did not respond to requests for comment.Whole Foods closed at $36.40 Friday, a gain of $0.32.Hearing Unconfirmed Market Chatter of Potential Offer for The GapThe Rumor:
Shares of The Gap, Inc. (NYSE: GPS) spiked higher Friday, on unconfirmed market chatter of a potential hostile offer from Japan's Fast Retailing (OTC: FRCOY). The rumored bid is $48.00 per share.A Spokesperson for The Gap was not available for comment.Gap closed at $36.48 Friday, a gain of $0.43.UPS to Acquire Coyote Logistics for $1.8BThe Deal:
UPS (NYSE: UPS) has agreed to acquire truckload freight brokerage company, Coyote Logistics for $1.8 billion from Warburg Pincus. The deal is expected to close within 30 days.UPS closed Friday at $102.36, up $.96.EU Commission Begins Investigation into FedEx Takeover of TNT ExpressThe Investigation:
FedEx Corp. (NYSE: FDX) confirmed media reports Friday that the European Commission has initiated a Phase II review of its offer to acquire all the issued and outstanding shares of TNT Express N.V. (OTC: TNTEY). FedEx also noted reviews by other antitrust agencies, including the Ministry of Commerce in China and Conselho Administrativo de Defesa Econômica in Brazil.FedEx still expects the deal to close in H1 of 2016.FedEx closed Friday at $171.42, down $0.15.Consortium of German Auto Manufacturers to Acquire Nokia's HERE for $3.2BThe Rumor:
A consortium of German automakers has agreed to acquire Nokia's (NYSE: NOK) mapping business HERE, according to sources as reported by Reuters on Sunday. Daimler (OTC: DDAIF) BMW and Volkswagen's (OTC: VLKAY) Audi unit are said to have agreed to pay approximately $3.2 billion.The deal could be announced on Monday.Nokia closed Friday at $7.05, up $.02.
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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