February 2, 2012 2:36 PM | 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.
JP Morgan has published a research report on ShoreTel (NASDAQ: SHOR) commenting on the company's recent M5 acquisition.In the report, JP Morgan writes, "M5 gives ShoreTel an entry into the small but rapidly growing hosted voice service market. ShoreTel brings M5 broader distribution and better customer awareness. Phones should be an obvious revenue synergy as M5 customers had been using Cisco. The combined UCC applications suite should also become more compelling as management cherry-picks the better apps from the portfolios with the ShoreTel Mobility wireless convergence solution likely to be quickly adopted and integrated."JP Morgan maintains its Overweight rating and $10.50 price target on ShoreTel, which is currently trading down $1.28 from yesterday's $6.81 closing price.
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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