October 24, 2013 9:24 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 Thursday, Stifel analyst Michael Purcell 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.
(NASDAQ: TRIP), but lowered the price target from $93.00 to $92.00.In the report, Stifel noted, “TripAdvisor's engagement metrics continue to be very strong (260m uniques), and financial results were in-line, perhaps even a little better than feared. As previewed, total guidance was maintained despite a reduction to click-based ad outlook. Shares might digest the outlook but we believe weakness should be bought. We maintain that evidence of weak engagement metrics is necessary to derail the investment thesis and we see no evidence of this. Maintain Buy.”TripAdvisor closed on Wednesday at $75.21.
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