September 14, 2012 12:17 PM | 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 Friday, J.P. Morgan & Co. reiterated its Neutral rating on Pall Corporation (NYSE: PLL), and raised its price target from $55.00 to $60.00.J.P. Morgan noted, “Pall appears to be turning the corner after struggling with operating issues, which ranged from misplaced sales incentives to start-up difficulties in Pall's ERP system for the Americas. In Q4:F12 (ended July 2012) the company has mostly caught up with the deferred shipments. It also launched a large and costly restructuring effort to remove stranded costs from operations following the divestiture of the Blood business. We maintain our F2013 projection of $3.10, and we lower our F2014 EPS forecast from $3.85 to $3.70 to reflect a slower rate of demand recovery. Our price target of $60 for December 2013 reflects an 11x multiple of 2013 EBITDA.”Pall Corporation closed on Thursday at $62.80.
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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