February 8, 2013 9:42 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 downgraded Nuance Communications (NASDAQ: NUAN) from Buy to Hold and removed the price target of $28.00.Stifel Nicolaus noted, "The decline in organic growth was driven by a series of headwinds within the healthcare business, which itself saw organic growth decline to 3% (the fourth straight quarter of organic growth decline). With challenges in the healthcare business clearly unresolved, we believe there are meaningful risks to the company's FY13 outlook, which continues to call for meaningful second half growth (despite a modest reduction in guidance). With eroding confidence in healthcare (a segment that has seen massive M&A investments over the past year), we are downgrading our rating on shares of Nuance to Hold."Nuance Communications closed at $24.55 on Thursday.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.