December 13, 2013 10:56 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 Friday, Deutsche Bank analyst Rod Lacher reiterated a Buy rating on
Tenneco (NYSE: TEN), and raised the price target from $59.00 to $65.00.In the report, Deutsche Bank noted, “We believe that our expectations for modest growth in North America and Europe are well supported; they may ultimately prove conservative. Europe has been, and is expected to remain below trend, suggesting that the market is building pent up demand. And in North America, the Street may be underestimating a number of phenomena that could serve to boost volumes, including a dramatic increase in the number of lease terminations (which typically lead to new vehicle sales/leases).”Tenneco closed on Thursday at $55.35.
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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