June 21, 2013 1:25 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 on Friday, Wedbush analyst Rohit Chopra raised the price target on
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.
(NASDAQ: CSCO) from $24 to $26 and reiterated an Outperform rating. In the report, Wedbush stated, "On June 25/26, 2013, Cisco will host a two-day analyst event in Orlando, concurrent with its partner conference. We believe the key agenda items for the meeting will likely include a strategic and technology roadmap, a path to increasing the services capabilities and an introduction of new SDN products...While there are uncertainties given the volatile environment, we believe the stock is a solid name in networking that offers relative stability, and we think LT investors should be invested in the name." Cisco Systems closed on Thursday at $24.43.
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