March 3, 2011 9:05 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.
Morgan Stanley is out with its report today on The Dow Chemical Company (NYSE: DOW), raising its PT from $45 to $48.In a note to clients, Morgan Stanley writes, "Rising petrochemical inflation a net positive Dow; raising our price target to $48. The company's cost-advantaged position in its US petrochemicals business stands to benefit from high feedstock inflation in Europe and Asia. We also expect margins to be better in Europe following aggressivepetrochemical inflation. Consensus 2011 and 2012 EPS forecasts appear 20-25% too conservative. On our forecasts, Dow will achieve the elusive $4 / share in EPS in 2012, however the business mix may be somewhat different to that given during analyst presentations. On ourestimates Basic Plastics (Petrochemicals) will account for 38% of Group EBITDA in 2011.At the time of posting, shares of DOW were trading pre-market at $37.18, up 1.53% from Wednesday's close.
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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