October 18, 2013 10:04 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, Oppenheimer analyst Jason Helfstein reiterated a Perform 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.
(NASDAQ: GOOG), and raised the price target from $920.00 to $1,067.00.In the report, Oppenheimer noted, “We are increasing our 2013-14E non-GAAP EPS following better than expected 3Q operating results, reflecting a re-acceleration in core search revenues and lower core opex. As a result, we are increasing our price target to $1,067 from $920, implying 12% upside potential from after-hours trading, but maintaining our Perform rating. Non-GAAP EPS was 6%/4% above our/Street estimates, driven by 21% y/y growth in websites revenues ex-TAC vs. 16% in 2Q, partially offset by lower network revenue. Core non-GAAP operating income increased 17% y/y on flat margins y/y. Raising '13-'14E core net revenue by 1% and 2%, respectively, and Core EBITDA by 3% and 5%, respectively. As a result, Non-GAAP EPS increases by 4% and 5%, respectively.”Google closed on Thursday at $888.79.
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