March 28, 2013 3:15 PM | 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.
In a report published Thursday, Deutsche Bank analyst Jason Ching reiterated a Buy rating on E-House (China) Holdings Limited (NYSE: EJ), but lowered the price target from $9.50 to $6.10.In the report, Ching noted, “Over the past two years, E-House's financial performance was severely hit by volatile market conditions and heavy initial investments/costs associated with its online businesses. Following a series of cost restructuring and implementation of cost-saving measures, alongside a sustained recovery in the primary agency unit, operations saw a strong sequential improvement in 4Q12. On the back of the rather mild impact on primary sales volume from recent policy noises, we expect E-House's overall operating environment to remain favorable ahead. In particular, we expect a further improvement in operating leverage to drive a recovery of financial performance in FY13. Maintain Buy.”E-House (China) Holdings Limited closed on Wednesday at $4.82.
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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