May 1, 2012 10:38 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.
Stifel Nicolaus says in a recent note that it initiates its coverage on ExactTarget (NYSE: ET) with a Buy rating and a price target of $32 per share. Stifel Nicolaus notes, "Successful consumer brands, such as Priceline, Microsoft, Groupon, BestBuy,and Papa John's rely upon ExactTarget to deliver targeted, timely, and consistent communication with end-consumers around the globe. Given our belief that ExactTarget's enterprise-scale offering, Cloud-based delivery model and forward-thinking product and globalization strategy will prove to be disruptive to the traditional marketing model, for years to come, we are initiating coverage on shares of ExactTarget (NYSE: ET) with a Buy rating and a $32 target price."ET closed at $27.01 on Monday.
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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