Shares of Yelp Inc (NYSE: YELP) traded up nearly 3 percent Tuesday amid news of a stake by Greenlight Capital's esteemed manager, David Einhorn.
While Einhorn's Q1 letter to Greenlight investors didn't disclose the size of the stake, the average price is known, $21.16.
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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Yelp shares closed Tuesday's session at $22.15, meaning Einhorn is up about 4.5 percent on the new position.
Below are some other notable investors in Yelp, the provider of a platform for businesses and consumers to engage and transact.
- Tybourne Capital - ~6.15 million share stake
- Jackson Square - ~4.57M shares
- Maverick Capital - ~4.36M shares
- Vanguard - ~4.3M shares
- Eminence Capital - ~3.6M shares
- Susquehanna - ~2.25M shares
- Apex Capital - ~2.14M shares
- Masters Capital - ~2M shares
- Macquarie - ~2M shares
- Morgan Stanley - ~1.75M shares
- Citadel - ~1.7M shares
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.