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 Friday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on Spansion (NYSE: CODE), but lowered the price target from $15.00 to $14.00.
In the report, Topeka Capital Markets noted, “We believe CODE's reduced revenue guidance reflects mild near-term pricing pressure in core Flash memory markets, where we believe competitors have excess available capacity. Our longer-term constructive thesis remains intact, as we continue to regard CODE as a well-positioned differentiated memory company. We also remain constructive on accretion potential from the Fujitsu acquisition deal. We are lowering our price target from $15 to $14, and we maintain our Buy rating.”
Spansion closed on Thursday at $13.22.
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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