UPDATE: Morgan Stanley Reiterates on Sociedad Quimica y Minera de Chile as Uncertainty Remains - Sociedad Quimica Y Minera (NYSE:SQM)

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, Morgan Stanley analyst Javier Martinez de Olcoz Cerdan reiterated an Equal-Weight rating on Sociedad Quimica y Minera de Chile (NYSE: SQM), but removed the $30.00 price target.In the report, Morgan Stanley noted, “SQM reported better than expected results in a tough Q4. EBITDA was 7% ahead of consensus largely on strong potash volumes. Bulls will point to the improving potash scenario while bears will note continued uncertainty in Iodine & Lithium. While long-term valuation looks attractive, we remain E/W.”Sociedad Quimica y Minera de Chile closed on Tuesday at $31.54.

27% profit every 20 days?

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