April 27, 2012 8:51 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 published this morning, Citi has downgraded Air Products & Chemicals (NYSE: APD) from Buy to Neutral.Citi commented in the report, "We are moving to the sidelines on APD as the Merchant Gases and Electronics businesses remain challenged, as evidenced by a ~2% decline in EPS in 2Q, while competitors Praxair and Air Liquide have shown better growth. Much rides on a 2H12 recovery at APD, and an economic soft patch similar to 2H11 poses a risk to EPS growth. We remain positive on the industrial gas business model given long-term take or pay contracts, but see better value elsewhere in the sector."Citi maintains its $95 PT on Air Products & Chemicals, which closed yesterday at $86.29.
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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