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.
- Bayer confirms all-cash offer to acquire all of Monsanto (NYSE: MON) common stock.
- Bayer is valuing Monsanto at $62 billion, or $122/share - a 21 percent premium over its closing price Friday.
- Acquisition to be financed with a combination of debt and equity.
- Bayer expects the acquisition to generate $1.5 billion in synergy savings after three years.
- The Monsanto name will likely be abandoned following the purchase, as Bayer has done with other acquisitions.
- Monsanto was up 7.5 percent in premarket trading.
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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