May 7, 2013 11:47 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 Tuesday, Bank of America analyst David W. Barden initiated coverage on T-Mobile US (NYSE: TMUS) with an Underperform rating and $12.00 price target.In the report, Barden noted, “Following the completion of the merger between MetroPCS and T-Mobile USA, TMUS is focused on taking market share by offering aggressively priced plans. It recently began selling the iPhone and is in the early stages of a rapid LTE deployment. While we see potential for T-Mo to win share and grow, we also believe TMUS is overvalued for at least 2 reasons including, 1) accounting is not comparable with other US wireless carriers and 2) current comparable valuations are skewed by M&A premiums.”T-Mobile US closed on Monday at $17.64.
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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