Stephens & Co. Initiates ArcelorMittal With Overweight


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.


Stephens & Co. initiated coverage on ArcelorMittal SA (ADR) (NYSE: MT) with a Overweight rating.The target price for ArcelorMittal is set to $121.ArcelorMittal shares have dropped 33.07 percent over the past 52 weeks, while the S&P 500 index has surged 13.21 percent in the same period.ArcelorMittal's shares rose 0.83 percent to $10.90 in pre-market trading.

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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Posted In: InitiationAnalyst RatingsStephens & Co.