February 23, 2015 4:59 PM | 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.
Boeing Co. (NYSE: BA) has "more good news ahead" for shareholders in the form of increased production of its 787 Dreamliner next year, an analyst said Monday.Stifel's Stephen Levenson boosted his price target on the Seattle-based aerospace giant by more than 9 percent to $175, and unveiled a 2016 earnings estimate of $9.22 a share.Analysts on average expect 2016 earnings of $9.19 a share.Boeing closed Monday down more than 2 percent at $154.74, after Goldman Sachs downgraded the company to Sell, from Neutral. Goldman said aircraft orders have doubled from a recent trough and could see a slowdown.Chicago-based Boeing shares are up more than 20 percent in the past six months and Levenson said "the easy money has certainly been made" in the stock.But Levenson added that improvements to Boeing's production system, production rate increases for its 737 aircraft and orders that "should keep 777 production at 10 builds per month" all suggest future growth for the company's stock price.Levenson also said the company is limiting risk, noting Chief Executive W. James McNerney Jr. statement of last spring that "our mind-set will be to avoid the moon shot." Boeing's 787 Dreamliner project, launched 10 years ago, proved more complex and costly than first anticipated. The aircraft entered commercial service in 2011 and has had a number of subsequent in-service problems.
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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