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.
Private equity firm Thomas H. Lee Partners is said to be the company that approached Shutterfly Inc (NASDAQ: SFLY) with a preliminary acquisition proposal, according to sources as reported by Reuters on Tuesday. That followed a disclosure from Shutterfly that they received communications directed to the Board from a private equity firm indicating an interest in acquiring the company. Shutterfly did not disclose the name of the PE firm.Shutterfly did not respond to a request for comment. A Thomas H. Lee spokesperson declined comment.Shutterfly closed at $43.98 on Tuesday, up 7.48%.IBM Security to Acquire Resilient Systems for $100M+The Rumor:
IBM is acquiring Resilient Systems, a provider of incident response platform, according to Xconomy. The purchase price is said to be more than $100 million. The deal is expected to close in Q2 of 2016.IBM and Resilient Systems did not respond to requests for comment.IBM shares fell 1% on Tuesday, to close at $132.40.Newport to be Acquired by MKS Instruments for $23.00/ShareThe Deal:
MKS Instruments, Inc. (NASDAQ: MKSI) and Newport Corporation (NASDAQ: NEWP) announced Tuesday, that they have agreed that MKS Instruments will acquire Newport Corporation for $23.00 per share in cash. The transaction is valued at approximately $980 million.Newport closed at $22.76 on Tuesday, up 51%.Honeywell Says does Not See Regulatory Process as Obstacle to Deal With UTXThe Comments:
Honeywell (NYSE: HON) confirmed Tuesday, that it has engaged in discussions with United Technologies Corporation (NYSE: UTX) regarding a possible business combination. The talks took place over the past year. Honeywell said it does not see the regulatory process as a material obstacle to a transaction. United Technologies on Monday, also confirmed the talks, but believed regulatory issues would pose a big obstacle to a potential deal.Honeywell said a merger would create annualized cost synergies of $3.5 billion.United Technologies closed at $91.60 on Tuesday, down $0.77.
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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