April 24, 2012 9:01 AM | 1 min read
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.
According to a research report published this morning, Wedbush has upgraded Hexcel (NYSE: HXL) from Neutral to Outperform, and has increased PT from $25 to $32.In the report, Wedbush commented, "Hexcel posted a very strong 1Q 12, with EPS of $0.39 relative to our consensus estimate of $0.33. The sales growth in commercial aerospace at 23% surpassed the high-end of our expectations. Defense and Space sales grew by just 6.5%, while industrial revenues were up 34%. Legacy commercial aircraft programs grew over 20%, more than we expected. New programs (A380, A350, 747-8 and 787) grew over 20%, as we expected. The A380 was the key driver in the quarter."Hexcel closed yesterday at $26.29.
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.
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