March 18, 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.
Oppenheimer maintained Oracle Corporation (NASDAQ: ORCL) with an Outperform rating and raised the price target from $37.00 to $40.00.Oppenheimer analyst Brian Schwartz commented, "We anticipate Oracle's EPS growth trajectory to at least be maintained subsequent to 3Q results as sales productivity gains become more pronounced. This year's higher distribution levels increase our confidence that Oracle's large deal-driven sales momentum can be sustained long enough for its M&A and organically driven product strategy to successfully re-energize its product portfolio. [...] Additionally, investors are likely to bid up the shares in the short term as the company enters its seasonally strong 4Q and given attractive risk/reward profile."Oracle Corporation closed at $36.34 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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