November 7, 2014 10:53 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, Wunderlich Securities analyst Jason A. Wangler reiterated a Buy rating and $35.00 price target 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: NGS).In the report, Wunderlich Securities noted, “Natural Gas Services Group (NGS) reported a strong 3Q14 as EPS of $0.30 beat our $0.27 estimate and was slightly ahead of the Street's $0.29 forecast. The beat was driven by higher-than-expected Product Sales and nice incremental Rental revenue boosted numbers nicely. The company ramped its fleet by 110 units due to an aggressive build-out in both of its facilities and continues to see strong pricing and utilizations. In fact, the company indicated that October was one of the best months of the year; an interesting development given commodity price concerns and evolving activity levels into 2015. We think this strong showing by NGS is indicative of its business model that has strong utilizations, good margins and the ability to maintain those benefits even in tough times.”Natural Gas Services Group closed on Thursday at $23.76.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.