January 29, 2013 7:47 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.
Analysts at Deutsche Bank downgraded MGM Resorts International (NYSE: MGM) from “buy” to “hold.” The target price for MGM Resorts is set to $13. MGM Resorts' shares closed at $12.98 yesterday. Analysts at Wedbush downgraded Pandora Media (NYSE: P) from “outperform” to “neutral.” The target price for Pandora has been raised from $10 to $11.50. Pandora's shares closed at $11.59 yesterday.Analysts at Piper Jaffray downgraded VMware (NYSE: VMW) from “overweight” to “neutral.” The target price for VMware has been lowered from $105 to $90. VMware's shares closed at $98.32 yesterday.Credit Suisse downgraded Ruby Tuesday (NYSE: RT) from “outperform” to “neutral.” The target price for Ruby Tuesday is set to $8. Ruby Tuesday's shares closed at $7.91 yesterday.
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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