September 16, 2013 11:24 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, Sterne Agee analyst Greg Smith upgraded the 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: WU) from Neutral to Buy, and named a $22.00 price target.In the report, Sterne Agee noted, “We are upgrading WU to Buy from Neutral as we see momentum building as the company moves through this transition year. We expect to see improving results for the remainder of 2013 and we expect investor optimism to build for 2014, a year in which both revenue and expense comps should be significantly easier, resulting in relatively strong EPS growth. We are establishing a $22 price target based on a 13x multiple on our 2014 EPS estimate.”The Western Union Company closed on Friday at $18.41.
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