UPDATE: BTIG Research Upgrades 21st Century Fox to Buy, Names $40 PT on Multiple Positive Factors

by Benzinga Staff
October 18, 2013 12:14 PM | 26 seconds read | Make a Comment

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 Friday, BTIG Research analyst Richard Greenfield upgraded the rating on

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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21st Century Fox (NASDAQ: FOXA) from Neutral to Buy, and named a $40.00 price target.In the report, BTIG Research noted, “We are upgrading 21st Century to BUY from Neutral and establishing a $40 price target. We believe that Fox's current asset mix, with a heavy emphasis around sports position the company for superior long term growth and a more defensible position in an evolving media landscape.”21st Century Fox closed on Thursday at $34.32.
Posted In: Analyst ColorUpgradesAnalyst RatingsBTIG ResearchRichard Greenfield

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