Bet On Hawk (HWK, CAT, DE, BA, GR)


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.


Last Wednesday Hawk Corporation (AMEX: HWK) raised its full-year outlook for net sales and operating income. I covered this news in a piece

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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here.Shares soared on Friday by $2.73, or 11.64%, to $26.18, a new 52-week high. Volume was extremely heavy, coming in at 198,000 shares traded versus the daily average of 25,000.I believe Hawk's announcement is important because the company manufactures friction components that are used in the construction, mining, and heavy truck markets. Hawk serves such companies as Caterpillar (NYSE: CAT), Deere & Co. (NYSE: DE), Boeing (NYSE: BA) and Goodrich (NYSE: GR). If these companies are ordering more replacement friction parts, its signaling that the recovery is taking hold and industrial companies are once again ramping up spending.The company is exceptionally run and trades for just 1.01 times last year's sales. The company sports a solid balance sheet with $79 million in cash and a current ratio of 4.07.For investors willling to bet on an economic rebound, Hawk may be the place to park your money.
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