December 14, 2012 11:34 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.
Stifel Nicolaus reiterated its Buy rating on Trinity Industries (NYSE: TRN) and raised its price target from $36 to $38. Stifel Nicolaus commented, "The following points represent our thoughts following the meetings. The current lead time for new tank cars is 15-18 months. For grain cars, in contrast, the wait time is only a couple of quarters. Lease rates rising; We believe the company's lease rates are rising with a similar trajectory to railcar lessor GATX, which publishes its internally-generated Lease Price Index. Long leases for crude equipment; Durations on new leases for tank cars used for the transportation of crude oil are currently for 10-years. Additional pipeline capacity is not expected to kill the crude-on-rail story."Trinity Industries closed at $34.17 on Thursday.
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.