July 19, 2013 9:47 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 Friday, D.A. Davidson analyst Brent Thielman reiterated a Buy rating 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.
(NYSE: VMI), and raised the price target from $185.00 to $190.00.In the report, D.A. Davidson noted, “Valmont reported second quarter earnings of $3.33 per share compared to $2.24 last year (49% year-over-year earnings growth). This compares to our estimate of $2.88 per share and consensus of $2.92. The quarter included a $0.16 per share gain from divestiture of a galvanizing plant in Australia; excluding the gain, earnings were $3.17 (well above expectations). Continued strong results from Irrigation and Utility, coupled with improved profitability in EIP drove the outstanding results.”Valmont Industries closed on Thursday at $151.08.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.