October 1, 2012 7:13 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.
Morgan Stanley downgraded its rating on Quality Systems (NASDAQ: QSII) from Equal-weight to Underweight and removed its previous $17 price target. Morgan Stanley said, "ack of visibility to revenue growth, recent management departure, and uncertainty around ambulatory end market opportunity should cap QSII's multiple in the near-term in our view. …QSII's guidance retraction and recent NextGen president departure add to the uncertainty around management's ability to reaccelerate revenue growth. … We believe QSII will underperform our HCIT as well as our broader healthcare service coverage universe due to its positioning relative to industry and what we view as unfavorable end customer trends."Quality Systems closed at $18.53 on Friday.
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.