March 25, 2013 2:00 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.
In a report published Monday, Williams Financial analyst David N. Williams upgraded the rating on KB Home (NYSE: KBH) from Sell to Hold, and raised the price target from $11.00 to $22.00.In the report, Williams noted, “KB Home (KBH, Hold, $21.77) reported 1Q earnings beating the Streets top and bottom line expectations. Revenue of $405.2M and loss per share of $0.16 compares to the consensus estimates of $363.6M and loss per share of $0.21. The top line was primarily driven by a 24% increase in ASP and a 29% y/y increase in deliveries. The bottom line benefitted from a sharp decline in SG&A expense ratio, down 570 bps and a 680 bps improvement in gross margin.”KB Home closed on Friday at $21.77.
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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