January 10, 2014 9:01 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 Friday, RBC Capital Markets analyst Paul Treiber upgraded
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.
(NASDAQ: BBRY) to Sector Perform from Underperform, raising its price target to $10.00 from $6.00. According to the report, the upgrade to Sector Perform follows the new management team's move to quickly to improve liquidity and strengthen the balance sheet. Firming asset metrics and transfer of liabilities may provide cushion to BlackBerry's stock. “BlackBerry's new CEO is moving fast,” the report said. “We expect more changes over the next six months as no stone is left unturned at BlackBerry, which at one point had 17k employees and is now down to 7k. The move into the MDM segment is not without risk and the market is seeing sharp ASP erosion. We expect bridge products between BB7 and BB10, and a focused approach to servicing the high-end enterprise.” BBRY closed Thursday at $8.72.
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