UPDATE: JP Morgan Resumes Neutral, $41 PT on Cabot Corporation - Cabot (NYSE:CBT)

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.

JP Morgan resumed its coverage on Cabot Corporation (NYSE: CBT) with a Neutral rating and reduced its price target from $43 to $41. JP Morgan said, "We resume coverage of Cabot Corporation following a period of restriction with a Neutral rating and a December 2013 price target of $41 (previously a Neutral rating and December 2012 $43 price target). We prefer Georgia Gulf and Ashland to Cabot at this juncture in the small to mid-cap chemical sector because of their sizeable free cash flow generation, low valuations, and raw material advantages stemming from exposure to domestic natural gas feedstocks."Cabot Corporation closed at $36.55 on Wednesday.

27% profit every 20 days?

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