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.
- BofA analyst Jason Kupferberg upgraded DXC Technology Co (NYSE:DXC) to Buy from Neutral with a $45 price target, implying a 25.1% upside.
- CGI Inc (NYSE:GIB) now trades at a 30% premium to its historical average multiple relative multiple to DXC above the 10-year average. Kupferberg, therefore, switched his preference to DXC, which he believes is "getting close to reaching break-even organic revenue growth."
- Kupferberg double downgraded CGI to Underperform from Buy with a price target of $95, up from $93, indicating a 4.3% upside.
- Price Action: DXC shares traded higher by 1.72% at $36.6 in the premarket session on the last check Tuesday.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!