Lazard Note Has Sonus Networks Rallying


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.


Sonus Networks (NASDAQ: SONS), a network solutions provider, was upgraded this morning by Lazard analyst Ryan Hutchinson to a Buy from a Neutral rating and given a $4 price target.In the report, Hutchinson noted that the deal between Oracle (NYSE: ORCL) and Acme Packet has lead to more focus on session border controller (SBC) products and more potential partners and customers for Sonus Networks.This interested in SBC products is expected to provide tailwinds for SONS for the second half due to its exposure to the technology.Following the report, Sonus Networks traded up 3.79 percent to $3.29.

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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