Shares of Alcoa Inc (NYSE: AA) moved higher in Monday’s premarket ahead of the company’s Q4 earnings release.
Adding to the momentum was an upgrade at Nomura from Neutral to Buy. The firm also raised its price target from $15 to $23.
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.
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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.
The Nomura upgrade follows Morgan Stanley’s positive earnings preview in December.
Alcoa recently traded at $16.44, up 2.05 percent.