Norfolk Southern (NSC) Grows as CP Reveals Takeover Plan

by Benzinga Staff
November 18, 2015 10:34 AM | 13 seconds read | Make a Comment

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.

Norfolk Southern Corp. (NYSE: NSC) shares hiked 6.3% to $92.45, after Canadian Pacific disclosed the contents of a letter sent Tuesday to Norfolk Southern to clarify the details of the latter's proposed takeover. Share volume totaled 231,000, compared to an all-day average of 616,000

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!

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.