March 30, 2012 7:02 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.
DA Davidson increases its target to $35 on The Shaw Group (NYSE: SHAW) on improved trends in the company's earning prospects. DA Davidson says, "Reported operating earnings were $0.46 per share for the company's fiscal Q2 ended February 29th excluding the company's investment in Westinghouse. Results compare with our estimate of $0.42 per share and were in line with consensus. GAAP earnings, including the Westinghouse segment, of $0.78 per share compared with $0.01 per share last year. Reported results included charges in the Power segment due to cost increases on two coal projects and schedule delays on new nuclear work, offset by increased operating earnings in the company's maintenance, fabrication and chemicals businesses."SHAW closed at $31.71 a share yesterday.
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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