November 21, 2012 8:06 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 Wednesday, D.A. Davidson & Co. initiated coverage on Team (NYSE: TISI) with a Neutral rating and $35.00 price target.D.A. Davidson noted, “Team is well-positioned to benefit from growing demand for mechanical services amidst a revival of investment in North American oil & gas production. As U.S. refineries have become larger and more complex, maintenance has become crucial to ensure utilization at high levels, given expected production increases. Additionally, an increased regulatory focus on unplanned outages/accidents requires inspection and testing services. As a leading maintenance service provider, Team stands to benefit from these trends.”Team closed on Tuesday at $34.09.
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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