UPDATE: Barrington Lowers PT on IDEX to $45 - IDEX (NYSE:IEX)

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.

Barrington is out with its report today on IDEX (NYSE: IEX), lowering its PT to $45 from $55.In its report, Barrington writes, "We reiterate our OUTPERFORM rating. We believe that IEX is a very highquality industrial company that should have double-digit EPS growth in 2011-2016 due to a superior business strategy and a management team that has demonstrated ability. We are lowering our price target to $45 from $55."Shares of IEX closed Thursday at $34.29.

27% profit every 20 days?

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