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.
- RBC Capital analyst Drew McReynolds downgraded Rogers Communications Inc (NYSE:RCI) to Sector Perform from Outperform with a price target of C$72, down from C$76, implying a 48.5% upside.
- The analyst cites the "ongoing" board dispute and contends that the company needs a "functioning" governance to address the proposed remedies on the Shaw (SJR) transaction, transaction financing, crystallization of any non-telecom assets, a multi-year integration, and critical 5G spectrum auctions.
- McReynolds adds, however, that he continues to see a high probability of the Rogers-Shaw transaction closing, given the solid and broad internal support at Rogers for the transaction.
- Price Action: RCI shares traded closed by 5.84% at $45.66 on Monday.
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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