March 1, 2013 1:54 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.
ISI Group maintained State Street Corporation (NYSE: STT) with a Buy rating and raised the price target from $63.00 to $64.00. ISI Group commented, "Post STT's Investor Day, we are more constructive on STT's ability to beat Consensus longer-term vs. a cautious mgmt outlook. Key drivers are: 1) mgmt's cost save program is on track to deliver over 400bps op margin improvement by 2015, which under conservative revenue growth would drive 10%+ upside to Consensus in 2015, 2) macro backdrop remains materially better than mgmt 2013 outlook & could drive revenue upside, 3) STT is improving upon a leadership position in asset servicing that should enhance its longerterm position & contribute positively to core service fee growth."State Street Corporation closed at $56.59 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.
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