February 26, 2013 7:17 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.
Ascendiant Capital Markets initiated Crane Company (NYSE: CR) with a Buy rating and a $60.00 price target.Ascendiant Capital Markets commented, "Sales from its Aerospace & Electronics and Fluid Handling segments are expected to drive profitability into 2013. Its Aerospace business continues to benefit from continued strength in commercial aerospace, particularly with large aircraft OEMs, which is in the midst of an up cycle as evidenced by the growth in orders, deliveries and backlog. Fluid Handling should continue to see improving demand for its energy and chemical and pharmaceutical end markets. We expect these segments to account for 80% of profitability in 2013 and 2014."Crane Company closed at $52.80 on Monday.
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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