June 13, 2013 10:11 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, Sterne Agee analyst Vasily Karasyov initiated coverage on
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.
The Madison Square Garden Co. (NASDAQ: MSG) with a Neutral rating and $63.00 price target.In the report, Sterne Agee noted, “Our analysis shows that the FCF ramp which underlies the bull thesis on MSG shares won't occur in earnest until FY15. We think that share repurchase is the most reasonable assumption as far as use of excess cash is concerned. We further think that, given the management's comments on the issue, MSG's target leverage is likely to be below the peers' 2.5x. Putting these assumptions together suggests a 12-month price target of $63, and a Neutral rating.”The Madison Square Garden Co. closed on Thursday at $58.94.
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