November 21, 2013 10:39 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, Citigroup analyst P.J. Juvekar reiterated a Neutral 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: VAL), and raised the price target from $69.00 to $73.00.In the report, Citigroup noted, “4Q13 EPS exceeded expectations, but operationally the quarter was in-line with our below consensus EBIT estimate ($137mm vs. Citi at $136mm). Overall, trends in VAL's portfolio remain mixed with strength in US architectural, wood coatings and packaging, and weaker conditions in China & Australia architectural and some industrial end markets. While we like VAL's US housing exposure and leading (albeit still small) position in BPA-free packaging coatings, we think the stock currently reflects these trends. Remain Neutral.”Valspar closed on Wednesday at $71.45.
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