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.
- Canaccord analyst Maria Ripps initiated Upwork Inc (NASDAQ:UPWK) with a Buy rating and a price target of $45, implying an upside of 32.5%.
- The analyst says Upwork's freelancer marketplace maintains the leading market share on a gross services value basis, and this "strong foundation" is boosted by a growing emphasis on larger Enterprise clients, product innovation, and brand investments.
- Ripps expects the company to continue to "cement its leadership position," supporting a long runway for growth and margin expansion.
- Recently, the company made several important appointments in its product & experience and engineering organizations, catalyzing R&D momentum and setting the company up for success along with an accelerated roadmap in 2022.
- Price Action: UPWK shares are trading higher by 7.31% at $34.05 on the last check Friday.
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.
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