August 1, 2014 8:41 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 Friday, Deutsche Bank analyst Greg Poole reiterated a Hold 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: ALB), but lowered the price target from $75.00 to $67.00.In the report, Deutsche Bank noted, “Guidance lowered 3.5% on contract loss. Valuation a fair 10.1x EBITDA. Hold. Albemarle shares fell 8% following its Q2 release as the company lowered ‘ts ‘14 EPS guidance by ~3.5% despite having preannounced an earnings upside surprise on July 15. The primary driver of the lowered guidance was a contract loss in custom services."While brominated flame retardants remain, Catalysts continues to perform at a high level (10%-plus earnings growth in ‘14E). Moreover, Albemarle's proposed $6B acquisition of Rockwood adds high growth, high margin and high multiple Lithium and Surface Treatment businesses while diluting the bromine business, itself a deterrent to some investors.. However, with valuation a fair 10.1x '15E PF EBITDA, Hold.”Albemarle closed on Thursday at $61.34.
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