December 4, 2012 1:00 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.
Goldman Sachs reiterated its Neutral rating on Crown Castle International (NYSE: CCI) and raised its price target from $68 to $70. Goldman Sachs noted, "CCI announced it closed the transaction to acquire exclusive rights to TMobile's approximately 7,100 towers for $2.4bn in cash. With the closing of the deal, we now include T-Mobile's portfolio in our CCI estimates and raise our 12-month price target to $70, from $68 previously. Our 2012-2014 EPS estimates are +0.0%/-9.6%/+1.1% due to higher interest/D&A expense initially, offset by increased revenue from the deal; more importantly, our AFFO forecasts increase modestly."Crown Castle International closed at $67.47 on Monday.
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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