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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Bullish On Aluminum
Van Deusen said that Tigress is "very bullish" on the aluminum industry."We got a buy rating on Alcoa [and] Kaiser Aluminum," he said. "We're expecting another strong quarter with strong growth for US in the quarter."Unlike most companies in the S&P 500, Alcoa relies heavily on the domestic market."They get about 51 percent of their revenue from the United States, so we feel they are a little isolated from some of the forex impacts that a lot of other companies in the S&P have," Van Deusen added. "We think that's going to be to their benefit going forward. In general, our expectations are pretty strong for Alcoa's results."Smartphones: Do They Matter?
Apple.com claims that the iPhone 6 is made with "beautiful anodized aluminum." The new handset has already set a new sales record at retail.This is huge for Apple, but does it mean anything for an aluminum supplier like Alcoa?"I'm not sure if they're an Apple supplier," said Sullivan. "Think of the size of an F-150 versus an iPhone. The overall poundage usage is so dramatically different. Consumer products are definitely helpful with aluminum being used in a lot of those, but I don't know how impactful it would be to the overall numbers. But it's definitely a positive."Van Deusen doesn't expect smartphones to have much of an impact on Alcoa "given the scale of the company.""You're talking about airplanes and cars," said Van Deusen. "The content for mobile phones is much smaller by comparison, and probably is not nearly as important for Alcoa as even container packaging. That's another growth market for them at the moment just for the consumer demand in China and, surprisingly, Europe. Aluminum cans in Europe are actually growing as well."Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.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.