February 15, 2012 1:12 PM | 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.
Goldman Sachs has published a research report on Zynga (NASDAQ: ZNGA) after the company reported its first quarter as a public company.In the report, Goldman Sachs writes, "Zynga reported its first quarter as a public company, with bookings and PF EPS exceeding consensus by $3 mn and $0.02, respectively. Its 2012 outlook for bookings bracketed our estimates; projected PF EPS range exceeded consensus by $0.01. In 2011, ZNGA invested approximately $590 mn into new game development and tech platform, with R&D up 2.5x and CapEx up over 4x yoy. 2012 will see CapEx of $150 mn at midpoint, down 37% yoy as the Z Cloud project is being completed and the remaining 20% of daily active users (DAUs) are migrated onto internal servers."Goldman Sachs maintains its Buy rating and has raised the price target from $13 to $15 on Zynga, which is currently trading down 42.10 from yesterday's $14.35 closing price.
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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