April 10, 2013 10:26 AM | 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 Wednesday, Jefferies analyst Daniel T. Fannon initiated coverage on Icahn Enterprises LP (NASDAQ: IEP) with a Buy rating and $66.00 price target.In the report, Fannon noted, “We are initiating coverage of Icahn Enterprises L.P. with a Buy rating and a 12-month price target of $66. In addition to a diversified set of investments, as a holding company, IEP offers investors an opportunity to access the investment ideas of Carl Icahn. We believe the current backdrop for activist type investing could lead to strong returns at IEP. Jefferies was Lead Book Runner for the IEP follow-on offering in February 2013.”Icahn Enterprises LP closed on Tuesday at $62.75.
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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