UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Quality Systems

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 Friday, Jefferies reiterated its Hold rating on Quality Systems (NASDAQ: QSII), and slightly raised its price target from $16.00 to $17.00.Jefferies noted, “Shares ended a very volatile day roughly where they began. Promises of cross-selling and some low expectations going into the print offset a significant deterioration in F3Q fundamentals. Opportunities in QSII's addressable markets remain robust, but they will require a significant change in selling strategy and success to capitalize. This shift will occur while headwinds in the space are expected to stiffen. We remain cautious.”Quality Systems closed on Thursday at $18.97.

27% profit every 20 days?

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