May 19, 2014 9:31 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 published Monday, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating on
Hershey Co. (NYSE: HSY), but removed the $100.00 price target.In the report, Morgan Stanley noted, “The WSJ reported Friday that Hershey was among a number of companies who remain ‘in the running' to acquire privately-held Russell Stover (see Hershey, Yildiz and Private-Equity Firms Make Bids for Russell Stover, 5/16/14). The article also indicates that initial bids have exceeded $1 Bn, which would imply a mid-high teens EBITDA multiple based on prior WSJ reports (2/20/14) of $600 million in sales and ~$60 MM in EBITDA. Neither HSY nor the other companies mentioned in the article have commented on the report.”Hershey Co. closed on Friday at $96.62.
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.
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