December 20, 2012 11:27 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.
Stifel Nicolaus initiated coverage on Conceptus (NASDAQ: CPTS) with a Buy rating and a $22.17 price target. Stifel Nicolaus noted, "We asked doctor contacts about the biggest obstacles to greater Essure adoption. The two most frequently cited answers were insurance/cost and poor compliance with hysterosalpingogram ("HSG") confirmation test. Due to the Affordable Care Act (ACA), insurance/cost issues are in the midst of being removed. The HSG is being addressed via a recently initiated clinical trial and, if successful, will be removed in 2015-2016. In the international business, France's favorable UNCAM insurance reversal should help reinvigorate European growth rates."Conceptus closed at $22.17 on Wednesday.
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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