April 28, 2015 6:59 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 Tuesday, Credit Suisse analysts maintained an Outperform rating 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.
(NYSE: HIG), with a price target of $46, after the company reported robust quarterly results.Hartford reported its after-tax operating earnings for the quarter at $1.04 per share. After adjusting 1c for better-than-expected catastrophes and 9c for above-plan alternatives, the core earnings stand at $0.94 per share. In the report Credit Suisse noted, "We characterize the quarter as mixed with solid Group earnings & strong P&C loss ratios being offset by higher expenses…After a string of commercial P&C misses by peers on underlying loss ratio results HIG's AY loss ratio improved 2 pts YoY which the 10Q attributed to earned pricing increases and favorable frequency and severity trends in the workers' comp book."The better-than-expected loss ratio was offset by a higher-than-estimated commercial expense ratio. The EPS estimate for 2015 has been reduced from $3.59 to $3.72.
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