January 8, 2013 12:04 PM | 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.
Credit Suisse upgraded Tata Motors (NYSE: TTM) from Neutral to Outperform.Credit Suisse noted, "Our channel checks with Chinese dealers (done by the Chinese Autos team) suggest that dealers expect to sell ~30,000 RRs in China alone. Hence we have upgraded our RR estimates from 35k units to 50k units for FY14. … We believe the new RR can drive a >10% ASP increase for the company over the next few quarters. Combined with RR being a high margin product, we expect JLR's margins to expand ~200 bp over the next few quarters. Jaguar has a number of new launches lined up: new F type, AWD models for US market and XF Sportbrake for the European market which will boost utilisation levels at Jaguar from 70% to ~85%% and improve margins at the loss-making Jaguar as well."Tata Motors closed at $28.79 on Monday.
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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