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.
While Curiositystream Inc’s (NASDAQ:CURI) shares have rallied since mid-May, the company’s long-term prospects have not fundamentally changed, according to BofA Securities.
The Curiositystream Analyst: Devin Brisco downgraded the rating for Curiositystream from Buy to Underperform, while keeping the price target unchanged at $14.
The Curiositystream Thesis: The stock’s preliminary addition into the Russell 3000 index is a positive and the company is poised to benefit from 90% of its full-year revenue guidance being “committed and contractual,” Brisco said in the downgrade note.
He added there were risks and headwinds that could “limit share price appreciation in the near/medium term.”
The analyst enumerated these:
- Limited visibility into quarterly revenue trends till year-end and beyond
- High investment in efforts to drive top-line growth
- Gross margins are likely to contract “as pre-licensing agreements become a larger portion of revenue mix”
- Curiositystream is an early-stage company, with EBITDA missing Street expectations in each of its last three quarters as a public company
- Tough COVID-19 comps are expected in the second quarter, which is “likely lead to higher DTC (direct to consumer) churn”
- Peers are “accelerating content investments and consolidating”
CURI Price Action: Shares of Curiositystream had declined by 12.03% to $13.02 at the time of publication Friday.
(Photo by Phillip Goldsberry on Unsplash)
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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