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.
Even with businesses reopening their offices, Zoom Video Communications Inc (NASDAQ:ZM) is poised to benefit from a “future hybrid work state,” in which enterprise IT budgets will continue to prioritize video and cloud communications, according to KeyBanc Capital Markets.
The Zoom Video Communications Analyst: Steve Enders upgraded the rating for Zoom Video Communications from Sector Weight to Overweight, while maintaining the price target at $428.
The Zoom Video Communications Thesis: The recently announced acquisition of Five9 helps Zoom Video Communications transform its model to a broader communications platform, Enders said in the upgrade note.
The acquisition supports “a second leg to growth as the Company prepares to navigate a post-pandemic hybrid world,” he added.
“Our recent CIO survey suggests enterprise adoption of video platforms will continue into CY22 as businesses return to office environments with 97% of respondents maintaining or increasing their spend,” the analyst wrote. He added that CIOs expect around 40% of employees to continue working from home in the long term.
“Additionally, our KFL data, which represents Zoom's <10 employee customers (36% of FY21 rev), shows sustained adoption trends through C2Q21 with y/y growth accelerating month to month,” Enders further noted.
ZM Price Action: Shares of Zoom Video Communications had risen by 3.93% to $384.73 at the time of publication Thursday.
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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