April 24, 2013 10:20 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.
In a report published Wednesday, Deutsche Bank analyst Paul Ginocchio downgraded the rating on DeVry (NYSE: DV) from Buy to Hold, and lowered the price target from $32.00 to $28.00.In the report, Ginocchio noted, “We are downgrading DV from Buy to Hold; we believe shares are fairly valued based on our meaningfully reduced forward estimates. Following a significant set-back in the enrollment recovery at DeVry U/Keller, we are cutting June qtr EPS from $0.50 to $0.42 (prior Street $0.47) and FY14E EPS by 21% from $2.57 to $2.03 (prior Street $2.70). We lower our target from $32 to $28. We rate DV a Hold as the low implied valuation of DeVry/Keller within DV is offset by the deteriorating operating trends.”DeVry closed on Tuesday at $34.03.
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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