July 26, 2013 11:42 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, BMO Capital Markets analyst Charles D. Brady reiterated a Market Perform 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: GGG), and raised the price target from $62.00 to $66.00.In the report, BMO Capital Markets noted, “Graco reported 2Q13 EPS of $0.92. The lower-than-expected earnings were driven by lower-than-expected margins in Contractor (-110 bp) and, to a lesser degree, Industrial (-70 bp). Despite challenging market conditions in EMEA and Asia Pacific, management believes modest growth is possible as prior year comparables get easier in 2H13. As Contractor shows signs of strength, the product mix of higher price and margin products are starting to normalize and should continue over the next 4-6 quarters. Industrial Americas returned to positive grow, but is seeing some customer caution regarding capital spending.”Graco closed on Thursday at $68.82.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.