November 15, 2013 10:16 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 Friday, Stifel analyst Noelle Dilts 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.
(NASDAQ: TTEK), and raised the price target from $29.00 to $33.00.In the report, Stifel noted, “TTEK reported F4Q13 EPS of $0.39, above our estimate of $0.36 and the consensus of $0.37. The beat vs. our forecast was entirely operational, and was largely due to strong discretionary cost control and a reduction in annual bonus payouts. This resulted in significantly lower-than-forecast SG&A, which served to benefit EPS by $0.06 per share. Net revenue of $531.5 million beat our forecast by 1.2%. However, the entire beat came from acquired operations Parkland and AEG, as the quarterly organic revenue decline of 10.4% was greater than our expectations for a 9.3% decrease.”Tetra Tech closed on Thursday at $28.68.
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