December 11, 2012 9:07 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.
JP Morgan initiated coverage on Aruba Networks (NASDAQ: ARUN) with a Neutral rating and a $21 price target. JP Morgan noted, "Our bias on this company is positive, though we believe that consensus estimates are currently fair given the potential for weaker 2013 enterprise spending. We like the fact that gross margins continue to improve and believe that products like ClearPass and Instant could help this trend to continue. However, WLAN competition remains fierce and the company is trading near its recent P/E multiple high. We would advise investors to keep this one on the shopping list and wait for a better entry point."Aruba Networks closed at $20.79 on Monday.
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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