August 12, 2013 9:43 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.
Shares of Tesla (NASDAQ: TSLA) are down about 2.5 percent just a few minutes after the opening bell following an earlier downgrade from Lazard Capital's Aditya Satghare. Satghare lowered Lazard's investment recommendation on Tesla shares from Buy to Neutral.The analyst believes shares of Tesla will see only limited upside over the next year, suggesting any material upside would need to come from record sales of the third-generation model and domestic manufacturing within China. Satghare is anticipating a bit of cloudiness through 2016 or 2017. Satghare believes shares of Tesla could fall to around $100 given any execution problems. With shares of Tesla last trading just under $150, Satghare's downside assumption implies a possible 33 percent decline in the stock.
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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