April 24, 2012 4:15 PM | 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.
KeyBanc Capital Markets reinstated Intrepid Potash (NYSE: IPI) coverage with a Buy rating and $30 price target in a research report published today.In the report, KeyBanc Capital Markets stated, "We are reinstating coverage of Intrepid Potash, Inc. (IPI-NYSE) with a BUY rating (previously NOT RATED) and $30 price target. With IPI lagging the overall market thus far in 2012 (up 3% year-to-date vs. the S&P 600 small-cap index up 7%), we feel that the challenges across the agricultural chemical sector, such as higher inventories and potash prices trending lower, is largely understood."Shares of Intrepid Potash closed today at $22.92, down 1.38% from Monday's market close.
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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