June 1, 2012 8:27 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.
Stifel Nicolaus initiates its coverage on Bank of Marin Bancorp (NASDAQ: BMRC) with a Buy rating and a price target of $43 a share. Stifel Nicolaus says, "We are initiating coverage of Bank of Marin Bancorp with a Buy rating and $43 target price. We believe the shares possess an enviable combination offavorable operating markets, strong fundamentals, profitability, and excellentasset quality while trading at a discounted valuation. …Based on our 2013 EPS estimate of $3.49, the shares trade at 10.2x, compared to the median multiple for its West peer of12x. Our $43 target represents 21% potential upside based on a 12.4x to our 2013 EPS estimate of $3.49."BMRC closed at $35.65 on Thursday.
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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