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 Monday, Wunderlich Securities analyst Matthew Harrigan reiterated a Hold rating and $113.00 price target on Time Warner Cable (NYSE: TWC).
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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In the report, Wunderlich Securities noted, “Time Warner Cable (TWC) and CBS (CBS-NR) continued to sling mud at each other over the weekend, with CBS representing that last Friday TWC denied a request to continue negotiations, with the CBS network and Showtime now blacked out in markets including New York, Los Angeles, and Dallas. TWC is conversely claiming that CBS is delaying negotiations (a long cold spell) until the NFL season starts, maximizing its bargaining power. Continuing the brinkmanship (probably the most misspelled word of the Cold War) theme, a Friday Bloomberg report (denied by Cox CEO Pat Esser over the weekend) affected cable stock trading with suggestions that Liberty Media (LMCA-$147.84, Hold) and Charter (CHTR-NR) had moved on to approaching a deal with privately held Cox Communications in lieu of buying TWC.”
Time Warner Cable closed on Friday at $117.10.