February 5, 2014 10:25 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 Wednesday, Bank of America analyst Krish Sankar reiterated an Underperform rating on
Advanced Energy Industries (NASDAQ: AEIS), and raised the price target from $17.00 to $19.00.In the report, Bank of America noted, “AEIS reported Q4'13 rev/EPS (with stock comp) of $153M/$0.55 compared to our $151M/$0.53 estimate, and the Street's $151M/$0.60. Higher thin film segment revenue, driven by the pull-in of orders originally expected in Q1'14, was primarily responsible for the strong quarter. The midpoint of Q1'14 rev/EPS (with stock comp)/EPS (ex amort and stock comp) guidance at $142M/$0.39/$0.44 came in below our $150M/$0.39/$0.45 forecast in part due to reduced thin-film revenue expectations. Our CY'14 estimates remain unchanged, however. We maintain our Underperform rating and raise our PO to $19 as solar multiples have expanded.”Advanced Energy Industries closed on Tuesday at $26.68.
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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