February 3, 2015 9:15 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Tuesday, Brean Capital analyst Ananda Baruah reiterated a Buy rating on
Pitney Bowes Inc. (NYSE: PBI), but lowered the price target from $33.00 to $30.00.In the report, Brean Capital noted, “While we're lowering our TP to $30 from $33, we believe there is great and compelling value at current levels (35% appreciation + 3.5% dividend). While '15 looks to be a greater investment year than we'd anticipated (EPS guide of $1.85 - $2.00, or $1.93 midpoint vs. Street of $1.99), as PBI looks to market its eCommerce and software offering to its core SMB client base, we actually believe PBI has a more attractive route to material '16 EPS power than we previously did.”Pitney Bowes closed on Monday at $22.26.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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