March 31, 2011 8:11 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.
Goldman Sachs continues to see robust near-term earnings momentum for Mosaic Co. (NYSE: MOS) “as demand remains strong and pricing continues an upward trajectory.”“Near-term we expect the Cargill distribution could be an overhang, but see better relative performance materializing once the follow on is behind us,” Goldman Sachs writes.“We expect trading will be dominated both by the read on the quarter as well as any potential price volatility in crop commodities following the USDA Prospective Planting and Grain Stocks reports. Management is hosting a conference call tomorrow at 10am ET. Our target price and estimates are under review pending further details at the call.”Mosaic closed Wednesday at $80.45.
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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