June 8, 2015 8:35 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 Monday, Credit Suisse analyst Nicolas Sochovsky upgraded the 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: DEO) from Underperform to Neutral, with a price target of 1,800p, following speculations in the media regarding the company being in early stages of considering a bid from 3G.Diageo's ADRs rise 9 percent on Friday, following rumors of the potential acquisition. Given that high exposure of the company and low confidence in the management, the analyst believes that investors would welcome any bid for the company."For 3G, aside from cost savings, the prize could be a higher multiple on the largest international spirits business in the world," Sochovsky said. According to the analyst's calculations, 3G would require about £40 billion in equity to fund the acquisition, prior to asset disposal, or £25 billion post disposal.According to the Credit Suisse report, Diageo's best defense is to replicate 3G's strategy, "nstil a zero based budgeting savings program, dispose of non spirits assets."
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