May 21, 2012 12:51 PM | 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.
In a report published earlier today, Feltl and Company upgraded the rating for ServiceSource International Inc. (NASDAQ: SREV) to Buy, and maintained its $17.00 price target, related to ServiceSource's new technology platform Avalon.Feltl and Company went on to say “ServiceSource reported another strong quarter of impressive revenue growth We believe the company has posted four solid quarters of execution since its IPO with its results exemplifying the company's strong value proposition, which is highlighted by several number customer wins that grew ACV 35% Y/Y in 2011. ServiceSource is a market leader in the technology service renewal space experiencing rapid growth in a market lacking true competition. We believe the company has a strong market opportunity with a demonstrable ability to expand its addressable market as it applies its technology and services to other verticals.”ServiceSource International Inc. closed on Friday at $12.59.
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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