October 15, 2013 9:32 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, Compass Point analyst Michael Tarkan 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: ONE) with a Sell rating and $6.50 price target.In the report, Compass Point noted, “We are initiating coverage of Higher One Holdings, Inc. (ONE) with a Sell rating and $6.50 price target. We expect continued fee pressure, a deceleration of macro growth drivers, and ongoing regulatory risk to remain key overhangs on the stock. Operationally, we expect management to continue to adjust fees to appease regulators, the sales cycle for new campus expansion to extend further, and growth drivers of enrollment, tuition, and federal student aid to continue to slow. From a regulatory perspective, the upcoming Department of Education (ED) negotiated rulemaking may be transformational, and while there could be some positive resolutions, risk is more tilted to the downside, in our view.”Higher One Holdings closed on Monday at $8.05.
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