January 27, 2012 11:25 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 maintains its Neutral rating on Eaton (NYSE: ETN) and raises its price target to $53 from $47 a share as the company continues to operate well, despite missing Q4 consensus and guiding below expectations. Credit Suisse says, " ETN's stock fell 2.5% after missing Q4 consensus and guiding approximately $0.15 below the street at the midpoint. Overall, ETN continues to operate well in a challenging market, however Electrical ROW bookings continue to decline coupled with slowing growth in US Electrical (we view as ST) and hydraulics. We adjust our 2012-2014 EPS est's to $4.33, $4.95, and $5.65 (from $4.35, $4.75, and $5.65). Our $53 TP (up from $47) is 7x our 2014 EBITDA est., discounted back."ETN closed at $48.93 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.
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