August 1, 2013 10:24 AM | 1 min read |
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, Citigroup analyst Ashwin Shirvaikar reiterated a Neutral rating on
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.
(NASDAQ: FISV), and raised the price target from $89.00 to $100.00.In the report, Citigroup noted, “While FISV results were mixed (revenue miss, but very strong margins and an EPS beat), the commentary was decidedly bullish. Between the comps getting easier (4Q12 was a poor quarter and we have Bank of America pricing impact this year), new contracts coming on (TD Bank, Regions Bank, Zions Bank, Union Bank) and additional synergies from OSI (we believe initial guide was conservative on this front), the set-up is good for FISV. Historically we note that FISV has come through with EPS growth but tougher on revenue growth. Maintain Neutral, though we see the stock as clearly being up today on the positive vibe and we are raising our target price to $100 from $89.”Fiserv closed on Wednesday at $96.24.
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