September 29, 2011 9:47 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.
Global Equities is out with its report today on Yahoo! (NASDAQ: YHOO), lowering its PT to $12.In its report, Global Equities writes, "Our research indicates that Yahoo today is in much weaker position than before and the company fundamentals continue to deteriorate. Yahoo continues to lose ad-spend on its display and search properties. To reflect continued weakness in Yahoo's business, we are reducing our estimates and price target to $12. Our 12 – 18 months Price Target of $12 is based on a PE multiple of 18x FY2011 estimates of $0.66 and on a PE multiple of 18xFY2012 estimates of $0.65."Global Equities maintains Equal-weight on YHOO.At the time of posting, shares of YHOO were trading at $14.30, up 0.78% from Wednesday'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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