August 13, 2014 10:39 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, D.A. Davidson & Co. analyst John B. Rogers reiterated a Neutral rating and $56.00 price target 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: URS).In the report, D.A. Davidson & Co. noted, “Reported EPS of $1.27 per share; well above our estimate of $0.81 (consensus of $0.74) and prior year EPS of $0.91. The reported results included $0.10 of unusual G&A costs ($0.07 related to severance and consolidation and $0.04 related to the pending acquisition). Additionally, reported EPS benefited from an unusually low tax rate due to the recognition of $22 million ($0.32 per share) of tax credits. A variance model is attached.”URS Corporation closed on Tuesday at $58.29.
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