December 22, 2011 9:08 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.
Wunderlich Securities reiterates its Buy rating and price target of $48 on Exelon (NYSE: EXC) as DOJ approves EXC-CEG merger. Wunderlich Securities says, "On Wednesday, the Department of Justice (DOJ) filed court documents confirming its approval of the proposed merger of Exelon Corporation (EXC) and Constellation Energy (CEG), subject to certain conditions. The conditionsare roughly the same that the companies proposed with the PJM market monitor in the Federal Energy Regulatory Commission (FERC) proceeding, and support the value proposition of the combination. We continue to believe that the earnings and cash flow growth offered by the proposed transaction supports our Buy rating on EXC and CEG."EXC closed at $43.38 per share on Wednesday.
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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