November 11, 2013 8:29 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, Goldman Sachs analyst Andrew Rosivach 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: ESRT) with a Neutral rating and $14.50 price target.In the report, Goldman Sachs noted, “We initiate coverage of Empire State Realty (ESRT) with a Neutral rating and a 12-month price target of $14.50 (8% total return including dividends). Our proprietary New York City employer share price index implies enough employment growth for ESRT to continue to lease up its Manhattan office portfolio, and the iconic observatory should provide predictable long term growth. However, its strong stock performance (up 5.6% from its IPO on October 1 versus 0.3% for REITs as a whole) has led to price discovery, with the highest AFFO multiple in our coverage universe.”Empire State Realty Trust closed on Friday at $13.51.
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