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.
- Jefferies analyst Sheila Kahyaoglu downgraded Northrop Grumman Corp (NYSE:NOC) to Hold from Buy with an unchanged price target of $410 (an upside of 3%).
- Northrop Grumman was a top-performing defense stock and the analyst's top pick in 2021.
- Kahyaoglu forecasts decelerating growth in the 3.4% compound annual growth range from 2022-2023 for Northrop Grumman with "limited opportunity for upside as a platform supplier with plateauing programs."
- The analyst also sees "flattish" segment margins in 2022 and limited potential for incremental capital deployment, leaving Northrop Grumman lacking near-term catalysts.
- Price Action: NOC shares are trading lower by 0.05% at $396.79 on the last check Wednesday.
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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