December 12, 2013 11:43 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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, RBC Capital Markets analyst Chris Nocella upgraded the rating on
LyondellBasell Industries NV (NYSE: LYB) from Outperform to Top Pick, and raised the price target from $90.00 to $110.00.In the report, RBC Capital Markets noted, “We are adding LYB to the RBC Top Picks List and raising our price target to $110 /share, with an upside potential of $140/ share. LYB's strong organic and market driven growth potential ($10/share in 2015) and under-levered balance sheet lead to $12-$14 B of potential cash for capital returns (mainly share repurchases) over the next 3 years, or 1/3 of market cap.”LyondellBasell Industries NV closed on Wednesday at $75.55.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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