UPDATE: Jefferies Cuts Target to $28 on CSX - CSX (NASDAQ:CSX)

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.

Jefferies lowers its target price $1 to $28 on Underperform-rated CSX (NYSE: CSX) as it previews the company's Q1. Jefferies says, "Mild weather vs. mild freight volumes are likely to be counterbalancing forces across 1Q transport reports. As such, we see seven beats, two inline reports, and eight misses. A potential 2Q recovery in Asia airfreight volumes remains our favorite investment theme. Near term, we see the biggest EPS beats at KNX and UPS, and the biggest misses at RAIL, HTLD, and CSX."CSX closed at $21.52 a share on

27% profits every 20 days?

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