May 28, 2014 10:13 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, Morgan Stanley analyst Ravi Shanker reiterated an Overweight 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: MTOR), and raised the price target from $12.00 to $15.00.In the report, Morgan Stanley noted, “We believe MTOR can hit its 10% target for FY16, if macro, esp. in emerging markets co-operate. Modeling in this higher level of confidence takes our FY14 EPS to $0.55 and FY16 to $1.45 and our PT to $15. MTOR trades at 6.5x FY15 EV/EBITDA vs. CV peers at >7x and 10x normalized EPS of around $1.50. At the current price, we do not believe the stock even fully prices in the fundamental story, let alone any potential upside from the litigation outcome.”Meritor closed on Tuesday at $13.96.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.