January 12, 2012 12:49 PM | 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.
Key Banc downgrades SL Green (NYSE: SLG) to an Underweight rating with a downside price target of $64 per share. Key Bank says, "Conditions in Manhattan have significantly improved following post-Lehman lows, and the market has returned to prominence among favored markets; however, growing concerns surrounding the health of financial services tenants and the drag from the further retrenchment (i.e., layoffs) will likely take some of the sheen off of the Manhattan office market in 2012. The specter of new supply downtown and on the far west side also seems likely to keep occupancies and rents in check. While we expect SLG to demonstrate strong execution in a relatively stable market, the stock's premium valuation appears excessive."SLG closed at $72.15 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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