September 26, 2013 10:23 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, Wunderlich Securities analyst Todd P. Scholl 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.
(NYSE: HOS) with a Buy rating and $70.00 price target.In the report, Wunderlich Securities noted, “We are initiating coverage of Hornbeck Offshore Services, Inc. (HOS) with a Buy rating and price target of $70, which represents 7.2x our 2015 EBITDA estimate. Hornbeck is the largest publicly traded provider of offshore support vessels to the US Gulf of Mexico and a de facto pure play on the offshore support vessel industry in the Western Hemisphere that includes core growth markets such as the US Gulf of Mexico, Brazil, and Mexico. We believe Hornbeck's strong position in this core region will result in outsized growth, warranting a premium valuation relative to its peer group.”Hornbeck Offshore Services closed on Wednesday at $57.64.
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