March 7, 2014 7:57 AM | 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.
Analysts at TD Securities initiated coverage on shares of Magna International (NYSE: MGA) with a “buy” rating. The target price for Magna International is set to $110. Magna's shares closed at $95.73 yesterday.Deutsche Bank initiated coverage on shares of Thomson Reuters (NYSE: TRI) with a “hold” rating. The target price for Thomson Reuters is set to $32. Thomson Reuters' shares closed at $34.44 yesterday.Analysts at B. Riley & Co initiated coverage on shares of Salesforce.com (NYSE: CRM) with a “neutral” rating. The target price for Salesforce.com is set to $65. Salesforce.com's shares closed at $63.14 yesterday.Ascendiant Capital initiated coverage on shares of MGM Resorts International (NYSE: MGM) with a “buy” rating. The target price for MGM Resorts is set to $33. MGM's shares closed at $28.39 yesterday.
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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