September 5, 2012 10:38 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.
In a report published Wednesday, Bank of America Merrill Lynch reiterated its Buy rating on Hawaiian Holdings (NASDAQ: HA), but slightly lowered its price target from $11.25 to $11.00.BofA Merrill Lynch noted, “The demise of Aloha has improved pricing and resulted in HA dominating interisland traffic, becoming the largest carrier between Hawaii and the West Coast. As a leisure airline, HA benefits less from higher margin. Transpacific supply has moderated in recent quarters, though LUV/ALGT may enter the Hawaii market in 2012. Cost pressures, which affected margins in recent quarters, moderate in the second half, and HA's earnings momentum should improve relative to the group.”Hawaiian Holdings closed on Tuesday at $5.72.
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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