August 30, 2013 9:11 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 Friday, J.P. Morgan analyst Alex Yao initiated coverage 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.
(NYSE: QIHU) with an Overweight rating and $94.00 price target.In the report, J.P. Morgan noted, “Initiating coverage on Qihoo with an Overweight rating and a Jun-14 PT of USD94. Qihoo has formed large traffic platforms across both PC and mobile. The company is shifting revenue models towards scalable ones (e.g. CPC/CPS ads, keyword search, game publishing, etc) that better utilize its still growing large traffic base. We think the growth China Internet economy across both PC and mobile will drive Qihoo's revenue growth over the next few years.”Qihoo 360 Technology Co. Ltd. closed on Thursday at $79.46.
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