June 30, 2014 9:37 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, Credit Suisse analyst Jamie Cook reiterated an Outperform 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: MTW), and raised the price target from $34.00 to $39.00.In the report, Credit Suisse noted, “MTW is one of the largest players in Food Equip ($1.6B revs; 16.3% OM) with one of the broadest product lines across hot and cold. MTW is also more levered to the higher growth restaurants market (~67% of sales). The business is stable and MTW has the oppty to improve margins to high teens/low-20% range on internal initiatives (margins are 150-200 bps below peers ITW and MIDD). Our EE/MI team also recently noted DOV expressed interest in gaining more meaningful presence in food.”Manitowoc Company closed on Friday at $32.93.
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