February 4, 2013 7:29 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.
Ascendiant Capital Markets downgraded LeapFrog Enterprises (NYSE: LF) from Strong Buy to Buy and lowered the price target from $15.00 to $12.00.Ascendiant Capital Markets commented, "LeapFrog will report Q4 2012 (December) results after market close on Wednesday, February 6. … We expect Q4 results well above our and consensus estimates, for revenue of ~$223 million and EPS of $0.49. Q4 guidance was for revenue of $198 - 213 million and for EPS of $0.41 – 0.47. We believe the upside may be as high as $50 million for revenue and $0.15 in EPS, though it is more likely that the upside will be more moderate. … We expect management to provide conservative initial 2013 guidance well below consensus estimates (for revenue of $581 million and EPS of $0.86)."LeapFrog Enterprises closed at $9.05 on Friday.
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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