November 12, 2013 10:51 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 Tuesday, Macquarie Capital analyst Kevin Smithen reiterated an Outperform 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.
(NYSE: TMUS), and raised the price target from $29.00 to $30.00.In the report, Macquarie Capital noted, “Following a strong Q3 report and investor meetings we held for T-Mo late last week in California and today's announcement of a large 66.2mm share secondary offering, we are updating our estimates and raising our 12 month TP to $30 from $29, despite the dilution from new shares, based on higher postpaid net add forecasts. We would become more aggressive with the shares at $25 and believe that near-term investor disappointment from the large share offering could drive the stock to these levels.”T-Mobile US closed on Monday at $26.97.
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