April 4, 2012 7:27 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.
According to a research report released this morning, Bank of America has initiated Hologic (NASDAQ: HOLX) with a Buy rating and $26 PT.Bank of America said in the report, “We initiate Hologic (HOLX), a leading manufacturer of medical devices focused on women's health, with a Buy rating and $26 price objective. The Buy rating is based on our expectation that Hologic's 3D Dimensions system - the first mammography system approved in the US for 3D imaging or ‘tomosynthesis' – will drive meaningful upside to consensus in 2012-14. Our $26 PO equates to 16.5x our CY13 EPS estimate of $1.58, which we view as an appropriate multiple given our belief that Hologic can drive a 10%+ EPS CAGR from 2012-14.”Hologic closed yesterday at $21.93.
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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