February 2, 2012 11:16 AM | 1 min read |
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.
Stifel Nicolaus maintains its Buy rating on JDS Uniphase (NASDAQ: JDSU) and raises its price target by $2 to $19 on strong results and a likely conservative guidance. Stifel Nicolaus notes, "JDSU reported impressive F2Q12 (December) results with revenue, pro formaEPS, and operating margin ahead of our above consensus estimates and management guidance as disruptions from flooding in Thailand impacted revenue by about $15 million, materially below original expectations. F3Q12 (March) revenue guidance bracketed consensus expectations, while theoperating margin outlook disappointed on several items that appear to be transitory in nature. Despite continued uncertainty driven by macroeconomic concerns in both Optical and CommTest end markets, JDSU recorded the highest total bookings in more than a year."JDSU closed at $13.13 a share yesterday.
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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