February 8, 2013 10:53 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.
Aegis Capital downgraded 3SBio (NASDAQ: SSRX) from Buy to Hold and announced a $15.40 price target.Aegis Capital commented, "Early this morning, 3SBio reported that it had agreed on the terms of a proposal to go private under the terms of an agreement and plan of merger with Decade Sunshine Ltd., a limited liability corporation domiciled in the Cayman Islands, and Decade Sunshine Merger Sub, a direct wholly-owned subsidiary of Decade Sunshine Ltd. … While we maintain our view that the current merger terms substantially undervalue the company, at this juncture we are downgrading 3SBio shares from a Buy to a Hold rating and instituting a price target of $15.40 per share."3SBio closed at $13.79 on Thursday.
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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