Mitsui to Sell 50% Stake in Santa Vitória Açúcar e Álcool Ltda to Dow Chemical for $200M


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.


Mitsui & Co., Ltd. (OTC: MITSY) has reached an agreement with The Dow Chemical Company (NYSE: DOW) to sell its entire shares in its associated company, Santa Vitória Açúcar e Álcool Ltda ("SVAA") to Dow for $200 million. Dow currently owns a 50% stake.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsAsset SalesM&A