November 9, 2012 11:29 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.
In a report published Friday, Canaccord Genuity initiated coverage on Lannett Company NYSEAMEX: LCI) with a Buy rating and $7.00 price target.Canaccord Genuity noted, “We are initiating coverage on Lannett Company (LCI) with a BUY-rating and $7 price target. We see an attractive 3- to 5-year growth story (36% EPS CAGR through 2017E) underpinned by LCI's vertically integrated pain management franchise (narcotics, controlled substances) that is differentiated and high barrier, as well as a robust pipeline with several large product opportunities that can drive P&L upside. LCI's fiscal 1Q results last night provided a solid start to the year and added confidence to fiscal 2013 guidance.”Lannett Company closed on Thursday at $4.00.
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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