January 12, 2015 7:30 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 Buy rating and $43.00 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.
(NASDAQ: HBHC).In the report, Wunderlich Securities noted, “We maintain our Buy rating on shares of Hancock Holding Company, as well as our price target of $43. We are maintaining our 2014 earnings per share estimate of $2.35, as well as our 2015 EPS estimate of $2.60. Our 12-18 month price target of $43.00 equates to roughly 16.5 times our 2015 EPS estimate, which is a premium vs. the median for Southern banks in our research universe that reflects much of the benefit that HBHC would likely enjoy should short-term interest rates rise over the next 12 to 18 months.”Hancock Holding Company closed on Friday at $27.10.
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