November 12, 2012 11:19 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 Monday, BMO Capital Markets reiterated its Outperform rating on TELUS Corporation (NYSE: TU), and slightly raised its price target from $69.00 to $70.00.BMO Capital noted, “TELUS' Q3/12 results were largely in line with expectations, with solid performances in both wireless and wireline. The dividend was increased 10% and guidance was reaffirmed. CFO and EVP Bob McFarlane will be retiring at year end and will be replaced by John Gossling, ex-CFO of CTVglobemedia and Rogers Wireless. All in, we believe it was a solid quarter with encouraging momentum to finish 2012. In our view, the company has the best growth profile of all of the large-cap cable/telcos and is our top pick in the sector. TELUS is rated Outperform.”TELUS Corporation closed on Friday at $64.49.
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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