February 18, 2015 9:59 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 Wednesday, Nomura analyst Harry C. Curtis commented 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.
Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) management changes which saw the resignation of CEO Frits D. van Paasschen and the appointment of Adam Aron as an interim replacement.Curtis noted that he held an "encouraging conversation" with Aron and the company's Chief Financial Officer Tom Mangas about "fixing" the company's problems. Curtis concluded from his conversation that Aron intends to create value through a continuation and acceleration of selling assets and returning capital to shareholders while focusing on improving the company's operating margins. The analyst also noted that these initiatives are "at the top of new management's list."Shares are Buy rated with a $95 price target.
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