January 9, 2015 8:24 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, Deutsche Bank analyst Karen Lau downgraded 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.
(NASDAQ: TRS) from Buy to Hold, but reiterated the $34.00 price target.In the report, Deutsche Bank noted, “We are downgrading TRS from Buy to Hold due to limited share price upside. Our sum-of-the-parts analysis suggests a target share price of $34. We believe a sum-of-the-parts framework is appropriate given the announced spinoff of Cequent (expect to be completed by mid 2015). Our EPS forecast of $2.33 and $2.58 for 2015 and 2016, respectively, assumes 4-5% of total sales growth in both years. Our 2015 forecast incorporates ~15 cents of EPS accretion from the Allfast acquisition. We assume Allfast to be EPS neutral in 4Q14 (company's guidance for 4Q14 and 2014 excludes Allfast).”TriMas Corp closed on Thursday at $31.40.
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