May 9, 2012 8:44 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.
According to a research report published this morning, J.P. Morgan has resumed its coverage on SS&C Technologies (NASDAQ: SSNC) with an Overweight rating and a $26.50 PT.In the report, J.P. Morgan said, "We resume coverage of SS&C Technologies following a period of restriction with an Overweight rating and a December 2012 price target of $26.50 (previously an Overweight rating and December 2012 $20 price target). The March quarter results for revenue were disappointing as organic revenue decelerated, but for this stock that is only half the story and with two strategic acquisitions about to close we believe shareholder value will benefit and shares can outperform from here."SS&C Technologies closed yesterday at $23.01.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.