August 31, 2012 7:34 AM | 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.
JP Morgan increased its rating on TeleCommunication Systems (NYSE: TLYS) from Neutral to Overweight as risk/rewards shifts to being favorable. JP Morgan commented, "We believe risk-reward for this micro cap stock has tilted favorably and we are upgrading to Overweight. TSYS is trading at a trough level multiple that seems to adequately discount risks in the commercial segment as well as re-financing risks associated with the convertible debt, so down-side risk is moderating. In the meantime, the government segment appears to be strengthening modestly, the MicroData acquisition positions TSYS well for IP-based E911 deployments, and there are positive catalysts ahead, including the pending GTEC award."TeleCommunication Systems closed at $1.62 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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