March 7, 2012 9:24 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.
Goldman Sachs is out with a research note this morning, where it suggests that traders buy put spreads on Yahoo! (NASDAQ: YHOO) do to limited strategic options and risk to downside estimates. While YHOO is the 16th most popular hedge fund holding, Goldman Sachs Internet analyst Heath Terry is more skeptical as he believes that YHOO management will struggle to unlock shareholder value in its Asian assets in the near term. Without a strategic announcement, he believes that Yahoo! management will need to invest in new directions for growth. He views the consensus estimate that YHOO will grow earnings by 12% next year as too optimistic The analysts suggest buying the April $15/13 put spreads for $0.83 Yahoo! Inc. is a digital media company. Yahoo! provides engaging and canvases for advertisers to connect with their target audiences. To users, it provides online properties and services.
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.
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