September 9, 2014 9:28 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 Tuesday, J.P. Morgan analyst Christopher Turnure reiterated a Neutral 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: PNY), and raised the price target from $34.00 to $37.00.In the report, J.P. Morgan noted, “Piedmont reported a seasonal loss of $(0.09) in 3Q14, lower than our $(0.06) estimate due primarily to lower residential and commercial margins and higher than expected O&M expense. PNY's equity stake in the $4.5-5bn Atlantic Coast pipeline announced last week has the potential to add meaningful earnings growth beyond 2018. In addition, $190m of related LDC investment will provide incremental rate base growth potential. We view PNY's premium vs. peers as reasonable given customer growth and JV-driven earnings growth, offset by near-term equity dilution risk and are maintaining our Neutral rating.”Piedmont Natural Gas Company closed on Monday at $36.58.
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