May 25, 2012 12:19 PM | 1 min read
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.
National Alliance reiterates its Buy rating on Take Two Interactive (NASDAQ: TTWO) and raises its price target from $19.85 to $20.27. National Alliance notes, "We believe the Company's negative price action into fiscal Q4'12 earnings came from increased speculation that GTA V would be released post-fiscal ‘13 period; a negative balancing consideration punctuated by the general malaise of the legacy video game market and a weaker than expected Max Payne 3 initial sell-in. As we look forward, management's implied guidance confirms that GTA V will ship in their current fiscal period (03/31/13 ending), which should provide a sufficient product catalyst to reset positive price momentum."TTWO closed at $11.51 on Thursday.
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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