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.
Aetna (NYSE: AET) revealed Thursday that it completed the long-term financing for its proposed acquisition of Humana through a public offering of $13 billion bond.
Aetna indicated it expects to use the net proceeds from the public offering to fund a part of the cash port of the acquisition price of its planned acquisition of Humana.
The company indicated that as a result of the completed bond offering, its one-year, $13 billion bridge credit agreement entered into on July 30, 2015, in connection with the planned acquisition would be terminated effective Thursday.
Aetna's public offering included $500 million of Floating Rate Senior Notes due in 2017; $1 billion of 1.700 percent Senior Notes due in 2018; $1.65 billion of 1.900 percent Senior Notes due in 2019; $1.85 billion of 2.400 percent Senior Notes due in 2021; $1.3 billion of 2.800 percent Senior Notes due in 2023; $2.8 billion of 3.200 percent Senior Notes due in 2026; $1.5 billion of 4.250 percent Senior Notes due in 2036; and $2.4 billion of 4.375 percent Senior Notes due in 2046.
The stock traded 1.20 percent down on Thursday.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!