February 24, 2012 11:10 AM | 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.
Stifel Nicolaus raises its price target on Buy-rated Lions Gate Entertainment (NYSE: LGF) to $15, up $2.50, on upwardly revised box office numbers. Stifel Nicolaus says, "We are increasing our domestic box office for "Hunger Games" from $150mn to $250mn. While NRG tracking will not be out until next week, other tracking sources continue to point to strengthening awareness/interest for the film in the $100mn opening weekend range, which would denote a conservative $250mndomestic box office. That, coupled with Fandango's announcement that advance sales broke all records on their system and IMAX's positive comments on their earnings call about the film, support our increased expectations."LGF closed at $12.90 a share yesterday.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.