January 12, 2015 7:23 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, Wunderlich Securities analyst Kevin B. Reynolds reiterated a Hold rating and $89.00 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.
Cullen/Frost Bankers (NYSE: CFR).In the report, Wunderlich Securities noted, “We maintain our Hold rating on shares of Cullen/Frost Bankers, as well as our price target of $89. We are maintaining our 2014 earnings per share estimate of $4.40, as well as our 2015 EPS estimate of $4.85. Our 12-18 month price target of $89.00 equates to 18.4 times our 2015 EPS estimate, which is a premium to the median for Southern banks in our research universe that reflects much of the benefit that CFR would likely enjoy should short-term interest rates rise over the next 12 to 18 months.”Cullen/Frost Bankers closed on Friday at $63.65.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.