June 15, 2011 7:45 AM | 1 min read
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.
Piper Jaffray reiterated its Overweight rating on FedEx (NYSE: FDX). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $116 ahead of the company's quarterly earnings report, which is due on Wednesday, June 22.In a research report published today, Piper Jaffray states, "We believe F4Q11 upside potential is limited byExpress fuel and the final quarter of more difficult compensation expense.However, FDX has margin improvement tailwind at its back beginning in F1Q12with Express lapping tougher compensation and to a lesser extent maintenanceexpense, sees greater benefit from air fleet revamp, and Freight (LTL) returns toprofitability post network merger. Management's introduction of F2012 EPSguidance is the focus and our sense is – per historical guidance behavior and recentstock correction – an in line to modestly below Consensus guide is more likely."On Tuesday, FedEx added 1.76% to its value to close the day at $87.43.
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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