July 25, 2016 3:03 PM | 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.
Eagle Materials Inc. (NYSE: EXP) revealed a registered public offering of $300 million aggregate principal amount of senior notes due 2026. The company indicated that the interest rate, as well as, other terms of the Notes would be determined at the time of pricing.Eagle Materials said that the Notes would be guaranteed by its majority-owned subsidiaries. The company plans to use the net proceeds from the offering to repay about $295 million of borrowings under its revolving credit facility. It would also opt to pay some fees relating to such repayment.The book-running managers to the public issue are J.P. Morgan Securities LLC, Bofa Merrill Lynch, Wells Fargo Securities, LLC and BB&T Capital Markets, a division of BB&T Securities, LLC.The stock traded 2.26 percent higher on Monday.
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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