December 8, 2014 8:04 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 Monday, Credit Suisse analyst George Auerbach upgraded 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: EGP) from Underperform to Neutral, and reiterated the $69.00 price target.In the report, Credit Suisse noted, “We are upgrading EastGroup to Neutral from Underperform as the stock's recent underperformance (-7.3% since the start of November, or -850bp vs. the RMS Index) leaves the shares fairly valued relative to our $69 price target. Based on our PT we expect an 11% total return for EGP over the next twelve months compared to 9% for our coverage group, making a Neutral rating more appropriate. At ~$64/share the company now trades at a slight discount to our $65.50 NAV. In our view, EastGroup is a solid company with one of the more attractive development platforms, management teams, and balance sheets in the Industrial sector.”Eastgroup Properties closed on Friday at $64.45.
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