February 24, 2016 9:57 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.
According to a report by
Reuters, one of
Yahoo! Inc. (NASDAQ: YHOO)'s largest shareholder, Canyon Capital, is pushing management to pick up its pace of its asset sales.Yahoo said on February 19 that it remains "thoroughly committed" to exploring strategic alternatives, including the sale of its internet assets. However, Canyon Capital is concerned that management doesn't share the same sense of urgency to move quickly and divest its assets."We remain concerned that the process is not moving as quickly as it should, and that Company management does not fully support the Board's direction in this regard," Canyon Capital said in a letter addressed to Yahoo's board, CFO and CEO Marissa Mayer.Reuters also noted that its sources said that
Time Inc (NYSE: TIME) has been evaluating a bid for Yahoo's core business.Shares of Yahoo were trading lower by around 2.30 percent at $29.94 after Wednesday's opening bell.
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.
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