UPDATE: Morgan Stanley Initiates Coverage on NVIDIA

by Benzinga Staff
May 31, 2012 8:56 AM | 20 seconds read | Make a Comment

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, Morgan Stanley has initiated NVIDIA (NASDAQ: NVDA) with an Equal-weight rating.In the report, Morgan Stanley said, "We are optimistic about revenue opportunities in both slow growth PCs and the higher growth smartphone/tablet business, but NVIDIA is in a very heavy investment phase that should hold back earnings leverage. New customers in growth markets will be key."NVIDIA closed yesterday at $12.72.

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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