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.
Worthington Industries, Inc. (NYSE: WOR) was upgraded from Hold to Buy on Tuesday by Topeka Capital Markets with a Price Target of $44.
Analyst Daniel Whalen indicated that the stock’s recent pullback is overdone and that Topeka’s price target offers a nearly 20 percent upside.
The company specializes in steel processing and manufactured metal products. The company should benefit from an improving U.S. industrial sector.
Worthington Industries recently reported EPS above estimates. Whalen’s report assumes a FY 2014 P/E of 15.5x and a FY 2015 P/E of 13.5x. Additional growth could come from acquisitions and share repurchases.
Worthington Industries, Inc. traded at $37.32 late Tuesday, up 1.39 percent.
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.
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