December 2, 2013 9:10 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 Monday, Morgan Stanley analyst Keith Weiss initiated coverage 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: CUDA) with an Overweight rating and $28.00 price target.In the report, Morgan Stanley noted, “Barracuda's effective, yet easy-to-use solutions specifically targeting mid market IT needs should continue to drive new customer growth, support a significant up-sell opportunity across a broadening product portfolio and sustain a large base of high margin recurring subscription revenues. We see two areas of potential upside to investor expectations: 1) Barracuda executes better than expected on new growth initiatives like Next Gen Firewall and Copy, proving our forecasts conservative, or 2) consistent execution against existing opportunities proves out the durability of growth and room for margin expansion. We have confidence either of the above should move consensus estimates and CUDA's multiple higher over time.”Barracuda Networks closed on Friday at $20.70.
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