September 2, 2011 8:53 AM | 1 min read
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.
Jefferies is out with its report today on Netflix (NASDAQ: NFLX), maintaining Hold.In its report, Jefferies writes, "Starz ended renewal negotiations for the contract, which essentially provided NFLX with newer movie content from Sony Pictures and Disney. While this leaves a hole in NFLX's newer film content, Starz accounts for only 8% of domestic streaming for NFLX, and mgmt remains confident in its ability to deploy funds to acquire other content. All in, we think this news will weigh on NFLX shares short-term. We maintain a Hold rating on NFLX."Jefferies maintains a $265 PT on NFLX.At the time of posting, shares of NFLX were trading pre-market at $210.18, down 9.98% from Thursday's close.
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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