UPDATE: Morgan Stanley Lowers PT to $32 on HomeAway

by Benzinga Staff
February 23, 2012 8:48 AM | 21 seconds 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.

Morgan Stanley remains Overweight-rated on HomeAway (NASDAQ: AWAY) but lowers its price target $8 to $32 on multi-year deferral on monetization story. Morgan Stanley says, "We are lowering our price target from $40 to $32 based on our view that listings will grow more linearly and that tiered pricing will take 2-3 years to be fully implemented and reflected in financials."AWAY closed at $26.05 a share on Wednesday.

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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