December 17, 2012 1:09 PM | 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.
Pivotal Research Group reiterated its Hold rating on Discovery Communications (NASDAQ: DISCA) but raised its price target from $55 to $57. Pivotal Research Group commented, "Discovery Communications announced transactions to expand into Nordic markets and France. … The properties include free-to-air TV businesses in Norway, Sweden, Denmark and Finland. Assets also include a strong radio network business. Margins on the assets are in the low-20s. On our initial take on the transaction, we assume expansion given what we expect will be content and other synergies with the rest of Discovery's operations) with a revenue mix that is heavily skewed towards advertising."Discovery Communications closed at $60.26 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.
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