October 18, 2015 7:09 AM | 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.
Gazit-Globe (NYSE: TSX) announced today that it has reached (through wholly-owned subsidiary active in Brazil) a 5.16% stake in BR Malls, the leading Brazilian shopping center company. BR Malls is a public company traded on the Brazilian stock exchange "Bovespa" engaged in the acquisition, development and management of shopping centers in Brazil. BR Malls is known as the leading and largest company in its field and its portfolio includes 46 shopping centers, comprising 1.65 million m2 of GLA and 966 thousand m2 of owned GLA. BR Malls also has 2 shopping centers under development and has 6 expansion projects in existing shopping centers, which together will add approximately 146 thousand m2 of GLA, of which 103 thousand m2 will be owned by the company. BR Malls has approximately 9,000 tenants and its revenues and NOI in 2014 totaled approximately R$1.4 billion and R$1.3 billion, respectively. Rachel Lavine, CEO of Gazit-Globe said: "BR Malls is the leading shopping center company in Brazil. Our stake in BR Malls is for investment
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.