UPDATE: Citigroup Initiates Buy, $25 PT on HollyFrontier

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.

Citigroup initiates its coverage on HollyFrontier Corporation (NYSE: HFC) with a Buy rating and a price target of $25 on special dividends and advantaged assets.Citigroup says, "Special dividends of between $2 and $4 per share give us a 12-month total return of ~30%. HFC has assembled one of the most sought after refining fleet in the industry. Its assets are situated in locations in the interior US where petroleum products are in short supply but where feedstocks are in excess supply. The result is a situation where HFC facilities will operate close to peak capacity." HFC closed at $21.93 per share on Thursday.

27% profits every 20 days?

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