February 26, 2014 8:32 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 Wednesday, Bank of America analyst Andrew G. Didora reiterated an Underperform 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: FCH), and raised the price target from $7.00 to $7.50.In the report, Bank of America noted, “We are lowering our 2014 EBITDA estimate to $203M from $220M as we now assume FCH sells its 20 non-core assets throughout the year. Given strong trends in the hotel transaction environment, we estimate FCH is able to sell these assets at a solid clip, and our forecast is towards the low end of the company's $202-217M guide because of this. Our Underperform rating is unchanged, but we are tweaking our PO to $7.50 from $7 as we believe FCH's portfolio would improve with these non-core sales.”FelCor Lodging Trust closed on Tuesday at $8.29.
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