June 14, 2011 8:32 AM | 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.
Dahlman Rose maintained its Hold rating on Canadian Pacific Railway (NYSE: CP) in spite of lowering its earnings per share estimates.In a research report published today, Dahlman Rose states, "As we revise our traffic growth assumption for Canadian Pacific to a decline of 2% and account for costs associated with restoring damaged lines, we are lowering our 2Q11 EPS estimate to C$0.74 from our prior estimate of C$1.07... We continue to believe that Canadian Pacific has favorable long-term prospects, but we remain on the sidelines while we try to gain more visibility on the company's operational progress and execution."On Monday, Canadian Pacific lost 0.13% of its value to close the day at $60.82.
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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