September 24, 2012 10:40 AM | 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 Monday, Deutsche Bank reiterated its Buy rating on Grand Canyon Education (NASDAQ: LOPE), and raised its price target from $21.00 to $25.00.Deutsche Bank noted, “Gift of MA campus presents significant opportunity. Today Grand Canyon was awarded a 217 acre campus located in western MA, providing the company a significant opportunity to grow ground and online enrollment in the Northeast. While the development of the location is expected to require a $150m investment over the next five years, acquisition costs are $0, and campus enrollment is targeted at 5K with a likely boost to online enrollment.”Grand Canyon Education closed on Friday at $23.14.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.