Monsanto Withers As Potential Conflicts With EU Commissioner Hamper Deal Wirth

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.

Monsanto (NYSE: MON) shares are trading lower by $4.17 at $99.90 in Monday's session. Rumors circulating the Street regarding potential issues with EU commissioner over the Bayer deal have exerted selling pressure on the issue.It is now $14 over its recent high that was made on June 19 at $114.26 at the pinnacle of the takeover speculation. Also, it is only $10, from its close ($90.34) on May 11, the day rumors surfaced regarding it being an acquisition target by Bayer.

27% profit every 20 days?

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!