January 27, 2012 10:22 AM | 1 min read |
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.
Credit Suisse reiterates its Outperform rating on Caterpillar (NYSE: CAT) and raises its price target to $138 from $117 as the stock outperforms already strong expectations. Credit Suisse says, "CAT remains our top pick for 2012, reflecting evidence the NA construction cycle is gaining legs, coupled with continued strength in higher margin resource/power systems and further buoyed by leverage from operational improvements at hand. We raise our FY2012-2013 EPS to $9.60 and $11.60 (from $9.05 and $10.30) and establish 2014 at $13.20. Our price target of $138 (was $117) implies 11.5x our 2014 EPS discounted back, or 24% upside potential."CAT closed at $111.31 a share on Thursday.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.