November 7, 2014 9:20 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 Friday, Stifel analyst Robert Connors reiterated a Buy 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.
Matrix Service Co. (NASDAQ: MTRX), but lowered the price target from $31.00 to $29.00.In the report, Stifel noted, “Despite the disappointing quarter, the SS segment bookings and core margins remain strong, so we like the trend. For FY2015, our estimate currently stands at $1.53/sh. vs. $1.55/sh. previously and for FY2016 we estimate EPS of $1.82/sh. vs. $1.74/sh, previously. Due to higher SS top-line offset by lower than previously EI revenues. We see companies with construction and craft labor exposure, such as MTRX, as the next beneficiaries of the N. American downstream capex cycle as fabrication capabilities will be at a premium, in our view. We continue to rate MTRX share Buy with a $29/sh. target price.”Matrix Service Co. closed on Thursday at $22.49.
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