November 5, 2012 12:36 PM | 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.
Sterne Agee raised its rating on Brown & Brown (NYSE: BRO) from Neutral to Buy and increased its price target from $30 to $31. Sterne Agee commented, "BRO's organic growth should continue to benefit from P&C rate increases (could see further benefit off Hurricane Sandy losses) and improving economic comparisons. While margin expansion has lagged organic improvement, we feel margins will expand in 2013 as organic accelerates & investments into the business moderate. Given significant balance sheet flexibility, M&A will also remain a key driver. With valuation attractive given our earnings growth outlook, we are upgrading to Buy."Brown & Brown closed at $25.65 on Friday.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.