October 1, 2014 8:03 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, Credit Suisse analyst Georgios Mihalos reiterated an Outperform 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.
(NASDAQ: ADP), but lowered the price target from $91.00 to $80.00.In the report, Credit Suisse noted, “Given the loss of its AAA credit-rating (which was predicated on its Dealer business), lower cost structure and cash-generative prowess—we believe ADP could accelerate shareholder returns over the coming years in the form of share repurchases, potentially aided by leverage. While we are not modeling any share repurchases beyond the $825M guided, we note that a 1x leverage ratio would represent ~$2.3B that could be used in the form of share repurchases which could materially accelerate EPS growth by ~5 pts. from FY15 – FY16.”Automatic Data Processing closed on Tuesday at $82.87.
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