January 24, 2012 6:21 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.
BMO Capital Markets reiterates its Outperform rating and $28 price target on CSX Corporation (NYSE: CSX) as the company posts softer than expected 4Q11 results as well as unexpected changes in senior management.BMO Capital Markets notes, "CSX reiterated its target 65% operating ratio by no later than 2015 and revealed unexpected changes in its senior management team. CSX's CFO, Oscar Munoz takes on the COO post, replacing David Brown who is no longer with the company. Fredrik Eliasson replaces Oscar as the CFO. Fredrik is a 16-year veteran CSX executive and his appointment is less controversial, in our opinion, than Oscar taking on the COO position. While Oscar has proven to be a very effective CFO and a key leader at CSX over the past nine years, his skills as an operations chief are untested."CSX closed at $22.69 a share yesterday.
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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