August 5, 2013 11:16 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 Monday, Deutsche Bank analyst Greg Poole reiterated a Hold 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: SEE), and raised the price target from $19.00 to $29.00.In the report, Deutsche Bank noted, “Marked Improvement. Boosting PT to $29/share. Adj. Q2 EPS = $0.35/share vs. DB @ 0.26 & consensus @ $0.25/share. Vol's across all segments saw growth despite a tough backdrop. Boosting FY13 EPS est. from $1.15 to $1.18/share. We are making an overdue PT change – new mgmt is delivering improved margins in both legacy SEE and the acquired Diversey operations. At the same time, peer group multiples have risen significantly since we last reviewed our relative valuation for Sealed Air. We are boosting our PT from $19 to $29, but sticking with a Hold rating. Although the stock looks expensive versus most packagers, we acknowledge the bulls case built around reversal of a decade-long slide in margins as well as the potential for a hybrid valuation (packaging + Specialty chemicals).”Sealed Air Corp. closed on Friday at $30.36.
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