January 11, 2012 8:12 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.
Oppenheimer maintains its Perform rating on DexCom (NASDAQ: DXCM) as the company did not provide much news at an investor conference other than 4Q11 sales and 2012 guidance. Oppenheimer says, "We saw no additional color on the end-market or pipeline progress from DXCM's presentation. As a reminder, with Gen4's reclassification to a full PMA last quarter, the approval timeline was pushed out to ~late 2012 (from mid-'12). DXCM had expected a trial to start by '11-end. DXCM reported preliminary 4Q11 product revenues of $20.8M, in line with our $20.5M estimate. 2012 product revenue guidance of $85-92M is light vs our original $96M estimate. We assume the company isn't embedding Gen4 into its '12 guidance."DXCM closed at 8.86 per share on Tuesday.
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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