January 31, 2013 8:19 AM | 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.
Bank of America upgraded Arthur J. Gallagher & Co. (NYSE: AJG) from Neutral to Buy and raised the price target from $38.00 to $41.00.Bank of America noted, "We are upgrading our opinion on the shares of AJG to Buy from Neutral. Given fundamental trends revealed in the 4Q12 earnings report and our stance on commercial lines market conditions, we have a more optimistic view of the company's earnings potential for the next several years and our price objective. … The increase reflects both an increase in our expectations for EPS and a shift to 2014 results for our valuation framework. Our $41 price objective is just over 16x our revised 2014 estimate."Arthur J. Gallagher & Co. closed at $36.31 on Wednesday.
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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