27% profits every 20 days?
This is what Nic Chahine averages with his options 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, Jefferies analyst Laurence Alexander maintained a Buy rating on E I Du Pont De Nemours And Co (NYSE: DD), while reducing the price target from $91 to $84.
Analyst Laurence Alexander expects DuPont’s shares to remain “range-bound” in the near term, with there being upside into 2016, backed by ongoing capital returns to shareholders and confirmation of improving organic growth across its portfolio.
On Friday, Chemours (NYSE: CC) began trading on a “when issued basis.” Current market prices imply a value about $4 per share for DuPont.
In the report Jefferies noted that the performance of DuPont’s shares for the rest of this year hinges on the following considerations:
- Crop Protection: “With weather patterns to date playing out as expected, we believe DuPont needs to demonstrate resilience in the Pioneer portfolio, particularly in Latin America.
- Nutrition: “Choppy consumer spending patterns could continue to present a headwind for Nutrition sales.”
- Another round of structural improvement?
- Tangible cost cuts
The EPS estimates 2015, 2016 and 2017 have been reduced from $4.05 to $3.70, from $4.55 to $3.95 and from $5.45 to $4.55, respectively, to reflect Chemours exiting the portfolio.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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