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.
- UBS analyst John Hodulik upgraded Fox Corp (NASDAQ:FOXA) to Buy from Neutral with a price target of $50, up from $42, suggesting an upside of 32.66%.
- The analyst sees the company as better positioned given its sports betting optionality, measured DTC spend, and leadership within the legacy Pay TV bundle with its sports and news focus.
- Hodulik adds that he sees upside to Fox Corp EBITDA estimates from a ramping renewal cycle, strong political ad spend, the Super Bowl, a reset NFL costs, and lower DTC dilution.
- The analyst also believes that the company is well-positioned to drive stable-to-growing profits over the long term as peers face more "challenging paths."
- Price Action: FOXA shares traded higher by 1.75% at $38.35 in the premarket session on the last check Monday.
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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