March 3, 2014 1:24 PM | 30 seconds 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.
Canaccord upgraded shares of Nokia (NYSE: NOK) from Hold to Buy on Monday and raised the price target from $8 to $10. Michael Walkley, analyst at Canaccord, used a sum-of-parts analysis of intellectual property rights to reach his $10 price target.Walkley believes Nokia's 2014 licensing revenue guidance of €600 million annually post-Microsoft transactions includes “conservative assumptions for Samsung and will materially increase longer term.”The analyst also anticipates the Samsung arbitration ruling in 2015, as well as new initiatives to monetize patents, “provide longer-term high-margin growth opportunities.”Shares of Nokia are down 1.05 percent to $7.50 following the upgrade.
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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