May 9, 2012 7:24 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, Deutsche Bank has lowered Perrigo's (NASDAQ: PRGO) PT from $103 to $101.In the report, Deutsche Bank said, "There is much to like about Perrigo. It 1) is the dominant player in its primary market with no significant competitor, 2) has a sustainable, diversified revenue stream with strong cash flows, and 3) has a sound multi-prong strategy for long-term growth. However, both its historically high multiple and premium to forward growth appear to reflect these factors. And the co has now posted three consecutive “soft” quarters in its Consumer business. Thus, we maintain our Hold rating."Perrigo closed yesterday at $100.00.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.