October 7, 2014 8:18 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, Bank of America analyst Bob Hopkins moved the 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: CFN) from Buy to No Rating, and removed the $50.00 price target.In the report, Bank of America noted, “On Sunday night, BDX announced it had entered into a definitive agreement to acquire CFN for $12.2bn, or $58 per share, a 26% premium to Friday's close. This equates to 21.6x consensus 2015E cash EPS and 12x consensus 2015E EBITDA. CFN shareholders are being offered $49 cash & 0.0777 shares of BDX for each share of CFN owned. We are moving our rating on CFN shares to No Rating due to the acquisition agreement and given that the shares are no longer trading on fundamentals. Investors should not rely on our previous ratings or price objectives.”CareFusion Corporation closed on Monday at $56.75.
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