July 14, 2014 11:07 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 Evan L. Kurtz initiated coverage 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: FELP) with an Overweight rating and $24.00 price target.In the report, Morgan Stanley noted, “We are initiating coverage of Foresight Energy LP (FELP) at Overweight with a $24/t price target. Units offer ~20% upside plus ~6.7% annual yield. As a largely longwall operator, Foresight (an MLP) is one of the lowest-cost producers of bituminous coal in the US. The company mined ~19 mt of Illinois Basin thermal coal in 2013, which we estimate could grow to ~25 mt by 2015 and ~53 mt by 2020, with further upside thereafter.”Foresight Energy LP closed on Friday at $20.20.
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