January 9, 2014 10:31 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 released Thursday, Morgan Stanley analyst John Glass upgrades
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: MCD) to Overweight, keeping the target price of $115.Morgan Stanley defends their upgrade, "We're confident, based on history, that MCD's structural advantages (advertising budget, asset quality, superior store level cash flow, dominant market share) will eventually manifest themselves in improved sales. Meanwhile, relative to the rest of our coverage universe, MCD is cheap on an absolute and relative basis and offers a better risk/reward profile, especially after the significant run the rest of the group (and market) have experienced in 2013."MCD closed Wednesday at $95.41 and is currently trading up at $95.76.
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