July 10, 2012 2:35 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.
Stifel Nicolaus reduced its rating from Buy to Hold on Interactive Brokers Group (NASDAQ: IBKR) and suspended its $30 price target. Stifel Nicolaus said, "We are downgrading shares of IBKR to Hold from Buy on the expectation of weaker core growth metrics in the electronic brokerage segment. Growth trends in new accounts and DARTs in the brokerage have decelerated, and while market making conditions have improved modestly in 2Q, this highly unpredictable earnings stream continues to be discounted by investors. As such, with P/E being largely driven by the outlook for e-brokerage, we see limited upside to the valuation from current levels."Interactive Brokers Group closed at $14.66 on Monday.
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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