UPDATE: Guggenheim Upgrades Sprint Nextel Corporation to Buy; Strengthening Subscriptions


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.


Guggenheim raises its rating on Sprint Nextel Corporation (NYSE: S) from Neutral to Buy and raises its price target from $3 to $3.50. Guggenheim notes, "We believe Sprint can meet or beat subscriber expectations for theremainder of this year. In our view, weak subscriber results have been the biggest disappointment for investors in Sprint's recent earnings reports. We believe expectations are now more realistic."S closed at $2.36 on Thursday.

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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Posted In: Analyst ColorUpgradesPrice TargetPre-Market OutlookAnalyst RatingsGuggenheim