March 28, 2013 11:08 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.
In a report published Thursday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on Freescale Semiconductor (NYSE: FSL), and raised the price target from $15.00 to $20.00.In the report, Poole noted, “Management meeting takeaways - FSL appears poised to hold share in 2013 and perhaps make gains in some focus markets such as Digital Networking and RF. The company is highly exposed to service provider spending, but is not relying on a single customer or geography for growth. Share gains, margin tailwind (DN & RF + for GM), and continued deleveraging of the balance sheet can deliver EPS growth through 2014 even in a mixed demand environment. We raise P/T to $20 and reiterate Buy rating. Although FSL is not immune to macro headwinds, the company has multiple company-specific EPS drivers.”Freescale Semiconductor closed on Wednesday at $14.47.
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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