September 9, 2013 10:10 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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, Canaccord Genuity analyst Michael Graham downgraded the rating on
IAC/InterActiveCorp (NASDAQ: IACI) from Buy to Hold, but reiterated $56.00 price target.In the report, Canaccord Genuity noted, “We are trimming our estimates for Q3 and Q4/13 and lowering our rating from BUY to Hold. We continue to believe the stock offers valuable defensive qualities given the undemanding valuation and capital return track record. In addition, we believe strength in the Match segment should continue. However, with continued headwinds in core Search and the stock up ~31% since bottoming after Q4 earnings to within ~8% of our target price, we believe the risk/reward is more balanced at the current level.”IAC/InterActiveCorp closed on Friday at $51.91.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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