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.
- KeyBanc analyst Jeffrey Hammond raised the price target on EnPro Industries, Inc. (NYSE:NPO) to $132 (an upside of 31.6%) from $115 and maintained an Overweight rating on the shares following the company's Q3 earnings and conference call.
- The analyst is "encouraged" by the company's "impressive execution" within the base business despite near-term headwinds and walks away with increased conviction around EnPro's portfolio transformation strategy with the NxEdge acquisition announcement.
- Hammond sees above-average earnings momentum for EnPro and significant room for upward multiple revisions as investors better appreciate the most recent portfolio changes.
- Also Read: EnPro Industries To Acquire NxEdge For $850M.
- Price Action: NPO shares closed higher by 8.73% at $100.23 on Friday.
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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