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.
KeyBanc Capital initiated coverage on RSC Holdings (NYSE: RRR) today with a Buy rating and $18 price target.
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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In the report, KeyBanc Capital states, "Over the last cycle, we believe RRR has outperformed its peers based on several capital efficiency metrics. Moreover, we believe RRR has industry leading EBITDA margins, which have driven structurally higher EBITDA contribution margins; from 2004-2010 (excluding 2008), RRR posted an average EBITDA contribution margin of roughly 70%. In our view, solid capital efficiency and profitability metrics in the current cycle bode well not only for the rate of earnings recovery, but also valuation."
Shares of RSC Holdings were trading at $13.18 in after hours trading at the time of posting, down 0.52% from Tuesday's market close.