UPDATE: Sterne Agee Initiates Coverage on Violin Memory on Market Leader Position

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, Sterne Agee analyst Alex Kurtz initiated coverage on Violin Memory (NYSE: VMEM) with a Neutral rating.In the report, Sterne Agee noted, “Violin has emerged as one of the leading vendors in the All Flash Array market with what we view as a differentiated hardware engineering lead. That said, the long-term outlook for the stock will be heavily correlated to their execution on their new Software platforms, which, given the early stages of market maturation, is difficult to gauge.”Violin Memory closed on Thursday at $6.65.

27% profits every 20 days?

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