April 12, 2012 10:14 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.
Sterne Agee raises its price target from $115 to $119 on Buy-rated VMware (NYSE: VMW) on increased confidence in View, SRM and vCenter expansion. Sterne Agee comments, "Given conversations with VMware resellers regarding the adoption of nonInfrastructure platforms, we are now incrementally more comfortable with the company reaching the high end of its license growth guidance of 11-16% for CY2012. Specifically, we believe View along with the Management can begin to approach double-digit contribution of total revenue in CY2012/13. We are now at $4.56 billion in revenue/$2.67 non-GAAP EPS for CY2012 vs. prior estimates at $4.53 billion/$2.65, and for CY2013 at $5.41 billion/$3.13 vs. prior estimates at $5.324 billion/$3.06 vs. consensus at $4.55 billion/$2.59 and $5.38 billion/$3.06."VMW closed at $107.61 on Wednesday.
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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