December 9, 2013 12:24 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 Monday, J.P. Morgan analyst Gavin Weiss initiated coverage on
MedAssets (NASDAQ: MDAS) with a Neutral rating and $23.00 price target.In the report, J.P. Morgan noted, “While we like the company's positioning in both the revenue cycle and group purchasing markets, we are concerned about the impact from utilization trends on the SCM (GPO) business and the volatility experienced in the RCM business. MedAssets has a presence in ~4,200 hospitals and 122,000 non-acute care providers across the US; yet, importantly, the customer overlap of RCM and SCM businesses is just ~1,400 hospital customers, and as such there remains an opportunity for the company to expand both within and outside of its customer base.”MedAssets closed on Friday at $21.29.
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.
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