December 4, 2013 12:23 PM | 1 min read |
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 Wednesday, Evercore Group analyst Ken Sena downgraded 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.
eBay (NASDAQ: EBAY) from Overweight to Equal-Weight, and lowered the price target from $64.00 to $58.00.In the report, Evercore Group noted, “Our rating revision weighs eBay's large addressable markets and undemanding valuation against the potential for sustained take-rate pressure within Payments and a higher level of investment across segments. Moreover, while we do not see valuation risk at these levels, we do suspect the potential for further negative estimate revisions, including its 2015 guidance. As a result, we expect less potential for outperformance and view Equal-Weight as more appropriate.”eBay closed on Tuesday at $51.93.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.