May 6, 2013 10:23 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.
In a report published Monday, Deutsche Bank analyst Alan Hellawell III upgraded the rating on YY (NASDAQ: YY) from Hold to Buy, and raised the price target from $15.20 to $25.10.In the report, Hellawell noted, “YY's better-than-expected rev & usage growth indicates its platform value to Chinese consumers is growing at a pace faster than we thought. Such a trend should accelerate the YY network effect. Despite volatile operating metrics over the past few quarters, YY has managed to gradually improve overall monetization while mgmt proves strong execution skills. We believe ample room exists for YY to grow rev as it expands monetization to new verticals (e.g. online education, etc) over the next few years.”YY closed on Friday at $18.30.
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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