October 17, 2013 12:01 PM | 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 Thursday, Stifel analyst Kevin Cassidy reiterated a Buy rating 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.
SanDisk Corporation (NASDAQ: SNDK), and raised the price target from $75.00 to $84.00.In the report, Stifel noted, “SanDisk reported record revenues and earnings in the 3Q13 as its product mix continues to shift toward Solid State Drive solutions. Important to our thesis on owning the shares is that expected 2014 supply growth estimates for the company and the industry remain at 25%-35% and 40%, respectively. Various industry demand growth estimates for 50% y/y suggest the supply/demand ratio should remain favorable for SanDisk through 2014. Based on this dynamic we are maintaining our Buy rating and increasing our estimates and 12-month price target.”SanDisk Corporation closed on Wednesday at $62.94.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.