UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Sonus Networks Ahead of Q2 Report

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 Monday, Jefferies analyst James Kisner reiterated a Buy rating on Sonus Networks (NASDAQ: SONS), and raised the price target from $3.50 to $4.25.In the report, Jefferies noted, “Our checks continue to suggest Sonus is likely to continue to gain share in the SBC market. We expect a solid Q2 report and Q3 guide, but have some concerns about a pull-back near-term given the recent run-up in the stock.”Sonus Networks closed on Friday at $3.57.

27% profits every 20 days?

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