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, Jefferies analyst Ross MacMillan reiterated a Hold rating on VMware (NYSE: VMW), but lowered the price target from $82.00 to $$75.00.
In the report, Jefferies noted, “Our recent channel survey (see: Virtualization Survey: Encouraging Results) suggest a decent 2Q13 and increased Y/Y license growth v 1Q13. In addition, CY13 growth expectations increased 2pp which gives us higher conviction in the 2H13 re-acceleration case. However, with around two thirds of workloads virtualized by end CY13 and other TAM opportunities unclear, we keep our Hold.”
VMware closed on Wednesday at $67.14.
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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