October 24, 2013 9:22 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, Stifel analyst John Baugh 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.
Owens Corning (NYSE: OC), but lowered the price target from $50.00 to $45.00.In the report, Stifel noted, “Q3 results were viewed by the consensus as very disappointing. We would describe the results as only mildly disappointing. The primary consensus concern related to roofing volumes which appear to have lagged competitors' volumes, although the company believes that its nine month volumes are very close to industry results. We think roofing margins were quite good despite poor sales and arguably more important. We believe part of the recent challenge to the stock has been peer expectations that are just too rosy in light of a pathetic domestic recovery and weak overall international markets. If nothing else, these results should rein in peer estimates.”Owens Corning closed on Wednesday at $38.34.
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