August 27, 2013 11:37 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 Tuesday, Bank of America analyst Tal Liani initiated coverage on
Control4 Corporation (NASDAQ: CTRL) with a Buy rating and $26.00 price target.In the report, Bank of America noted, “We initiate coverage of Control4 with a Buy rating and a $26 PO. C4 is a market leader in the home automation space, enabling consumers to connect and control lighting, music, video, temperature, communications, and security systems through a unified solution. The company has demonstrated impressive growth over the last few years, despite a challenging housing market, mainly due to disruptive pricing and disruptive distribution strategies. We model 18% revenue CAGR over the next three years, and see the potential for substantial earnings leverage, fueled by international expansion, potential housing recovery, and margin upside.”Control4 Corporation closed on Monday at $21.96.
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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