December 12, 2011 10:37 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.
Bank of America reiterates its Neutral rating and $14 price target on Ariad Pharmaceuticals (NASDAQ: ARIA) as ASH provided feedback on Ponatinib.BofA says, “Physicians have strong conviction that ponatinib is a very potent TKI, which is as safe and well tolerated as marketed second generation drugs from NVS (Tasigna) and BMY (Sprycel). Experts are confident the current study will support FDA approval, and expect PON long term will dominate the salvage CML market, which is consistent with our model. One important nuance is that the expected PON label would force patients to fail a second generation drug prior to use, which we believe limits the number of available patients per year eligible for PON relative to Street models.”ARIA closed at $11.63 per share on Friday.
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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