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.
The Trade Desk Inc (NASDAQ:TTD) is trading higher Tuesday after several analyst firms maintained bullish ratings on the stock and raised their price targets, respectively, following the company's third-quarter financial results.
The Trade Desk reported quarterly earnings of 18 cents per share, which beat the estimate of 15 cents per share. The company reported quarterly revenue of $301.1 million, which beat the estimate of $283.52 million.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The Trade Desk expects fourth-quarter revenue to be at least $388 million versus the estimate of $386.73 million.
- Keybanc analyst Justin Patterson maintained The Trade Desk with an Overweight rating and raised the price target from $90 to $100.
- DA Davidson analyst Tom White maintained The Trade Desk with a Buy rating and raised the price target from $95 to $105.
- Wells Fargo analyst Brian Fitzgerald maintained The Trade Desk with an Overweight rating and raised the price target from $115 to $120.
- Oppenheimer analyst Jason Helfstein maintained The Trade Desk with an Outperform rating and raised the price target from $95 to $100.
- Stephens & Co. analyst Nicholas Zangler maintained The Trade Desk with an Overweight rating and raised the price target from $92 to $100.
- RBC Capital analyst Matthew Hedberg maintained The Trade Desk with an Outperform rating and raised the price target from $98 to $105.
The Trade Desk is engaged in providing a technology platform for ad buyers.
From Yesterday: Why The Trade Desk Shares Are Surging Today
TTD Price Action: The Trade Desk is making new 52-week highs in Tuesday's trading session.
The stock was up 10.20% at $97.79 at time of publication.
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.