UPDATE: J.P. Morgan Lowers Price Target on Sherwin-Williams to $83 - Sherwin-Williams (NYSE:SHW)

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.

According to J.P. Morgan, Sherwin-Williams (NYSE: SHW) price target is lowered to $83.J.P. Morgan said that the Paint Stores and the Consumer Group divisions reported positive volumes andhigher prices this quarter. “We lifted our 2012 EPS forecast from $5.50 to $5.55 reflecting a lower share count. Our initial 2013 EPS projection is unchanged at $6.10. We rate SHW Neutral.”Sherwin-Williams closed yesterday at $83.15.

27% profits every 20 days?

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