August 1, 2012 8:29 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.
Ladenburg Thalman upgraded Aegion Corporaiton (NASDAQ: AEGN) from Neutral to Buy and increased its price target from $17 to $23.Ladenburg Thalman wrote, “Though not perfect, 2Q12 results suggest the plan management laid out for restoring earnings growth following a difficult 2011 in which positive developments were masked by offsetting factors, is working. The most important company drivers – NAR, E&M and C&S, again all delivered solid quarterly results, though in partial keeping with the prior theme, the positive story may have been somewhat lost on the market due to weakness and fears over other areas – namely Europe and Asia-Pacific. Yet these businesses are not core drivers, and at minimum, their capacity to derail the investment story should diminish over the next year, in our view.”Aegion Corporation closed at $17.40 on Tuesday.
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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