February 10, 2012 11:45 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.
ISI Group maintains its Buy rating on Home Properties (NYSE: HME) and increases its price target by $1 to $67 as the company beats estimates and guides better than expected. ISI notes, "HME's beat was driven by both better results on revenues and expenses. 2012 FFO/sh guidance at the midpoint was $3.87 within a range of $3.79 to $3.95 which compares favorably to our previous estimate of $3.86 and the Street at $3.84. 4Q SS NOI growth came in at 7.6% vs. the group average of 8.4%, not surprising given the company's “renter by necessity” profile and class B/C asset mix. Based on the stronger Q4 results, we are raising our 2012 FFO estimate to $3.92."HME closed at $60.12 a share on Thursday.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.