UPDATE: Citigroup Raises Target on Kraft Foods to $46

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.

Citigroup ups its target price $4 to $46 on Kraft Foods (NYSE: KFT) and maintains its Buy rating on shares due to outlook of value creation from the cheese and crackers separation. Citigroup says, "In August 2011, Kraft announced its intention to split itself into two independent public entities; Kraft Global Snacks and Kraft North America. As a result of the separation, two, more focused companies will be created that can maximize their opportunities better than the current structure will allow."KFT closed at $38.30 yesterday.

27% profit every 20 days?

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