UPDATE: Stifel Nicolaus Initiates Hold on MarketAxess Holdings - MarketAxess Holdings (NASDAQ:MKTX)

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.

Stifel Nicolaus initiates MarketAxess Holdings (NASDAQ: MKTX) with a Hold rating as it believes shares are fairly valued currently. Stifel Nicolaus notes, "At 18.5x our 2013 estimate, valuation is the primary factor keeping us on the sidelines. We believe the current multiple is pricing in the expectation of continued 20%-plus volume growth for the foreseeable future, which may be difficult to sustain given the challenging capital markets environment anddealer balance sheet deleveraging."MKTX closed at $30.53 a share yesterday.

27% profits every 20 days?

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