December 12, 2012 10:49 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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, Dahlman Rose & Co. reiterated its Buy rating and $12.52 price target on Molycorp (NYSE: MCP).Dahlman Rose noted, “The company continues to expect Project Phoenix to achieve Phase 1 run-rate by the end of this month, and believes that the 2-stage expansions at Mountain Pass remain on track. Mr. Karayannopoulos joins the former CFO of Neo, offering an experienced executive team to complete the expansions and manage the supply chain. As Lynas Corporation continues to face operational headwinds in Malaysia, we believe Molycorp will benefit, as it is the only other producer of rare earth concentrate and REOs outside of China.”Molycorp closed on Tuesday at $11.33.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.