March 21, 2012 10:37 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.
Jefferies initiates its coverage on Equinix (NASDAQ: EQIX) with a Buy rating and a price target of $165 on upside from retail/cloud side of the data center space. Jefferies notes, "We Believe the Equinix Story is Extremely Compelling. It has the largest retail datacenter footprint the world. It is leveraging its significant ecosystems to drive revenue growth and create barriers to entry. To enhance shareholder value, EQIX is exploring alternatives like the REIT structure, which could reduce cash taxes substantially. Despite the recent run up in the stock, we believe there could be upside once the company decides on the optimal corporate structure."EQIX closed at $140.62 a share on Tuesday.
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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