December 12, 2012 11:38 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.
KeyBanc raised its rating on ABM Industries (NYSE: ABM) from Hold to Buy and established a $25 price target. KeyBanc commented, "Following ABM's fiscal 4Q12 results that were largely in line with reduced expectations, we are upgrading shares to BUY from HOLD and introducing a $25 price target. In our view, not only should a number of headwinds disappear or abate in 2013 (declines in government-based revenues are expected to anniversary in fiscal 1Q13 while one fewer work day in fiscal 2Q13 should translate to about $4 million in lower cost), but we also believe ABM's core businesses are exhibiting signs of nascent improvement."ABM Industries closed at $20.15 on Tuesday.
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.
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