April 4, 2016 10:19 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.
(NASDAQ: VA) shares rose 40.13 percent to $54.51. The volume of Virgin America shares traded was 2986 percent higher than normal.
Alaska Air Group, Inc. (NYSE: ALK) confirmed it has entered into an agreement to acquire Virgin America for $57.00 per share in cash.
Ruckus Wireless Inc (NYSE: RKUS) shares moved up 30.40 percent to $13.04. The volume of Ruckus Wireless traded was 1704 percent higher than normal.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) announced plans to buy Ruckus Wireless in a $1.5 billion deal.
Edwards Lifesciences Corp (NYSE: EW) shares climbed 16.22 percent to $104.55. The volume of Edwards Lifesciences shares traded was 295 percent higher than normal. Edwards Lifesciences announced over the weekend results from a clinical study involving patients at intermediate risk for open-heart surgery.
ANI Pharmaceuticals Inc (NASDAQ: ANIP) surged 9.02 percent to $37.00. The volume of ANI Pharmaceuticals shares traded was 216 percent higher than normal. ANI Pharmaceuticals lifted its outlook for FY16.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.