UPDATE: Jefferies Reiterates Buy Rating, Raises PT on MasterCard on Positive Outlook - Mastercard (NYSE:MA)

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 Friday, Jefferies analyst Jason Kupferberg reiterated a Buy rating on

27% profit every 20 days?

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MasterCard

(NYSE: MA), and raised the price target from $623.00 to $683.00.In the report, Jefferies noted, “On balance, the leading indicators we track for Buy-rated V/MA trended positively for C2Q, which should bode well for both networks to deliver a solid print. That said, the stocks have had big runs and therefore the quarter may not be too much of a catalyst. We raise our estimates and price targets for V and MA, and maintain our modest preference for V.”MasterCard closed on Thursday at $596.92.