27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Shares of Angie's List Inc (NASDAQ: ANGI) spiked briefly on Tuesday following unconfirmed market chatter on social media networks that IAC/InterActiveCorp (NASDAQ: IACI) could present an improved offer to acquire the company. Shares quickly gave up their gains.
Angie's List confirmed in November it received an unsolicited offer from IAC to acquire the company for $8.75 in cash, or a tax-free stock-for-stock exchange.
Related Link: EXCLUSIVE: Benchmark's Daniel Kurnos Thinks Angie's List Has Been A 'Broken' Stock, Would Be Better Served As Part Of IAC
Angie's List's Board of Directors announced on November 17 that it is "premature" to conclude that a strategic transaction is "best for shareholders." The Board also noted that a $8.75 cash offer "dramatically undervalues" the company and its long-term standalone prospects.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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