UPDATE: Sterne Agee Reiterates Neutral Rating, Removes PT on Euronet Worldwide on Accretive Money Transfer Acquisition


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 Tuesday, Sterne Agee analyst Jennifer Dugan reiterated a Neutral rating on

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.


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Euronet Worldwide (NASDAQ: EEFT), but removed the $20.00 price target.In the report, Sterne Agee noted, “After the close EEFT announced an accretive acquisition of HiFX, a U.K.-based provider of on-line money transfer services. EEFT will pay $242mn in cash and stock with the acquisition expected to add $0.15 to EPS in its first 12 months, some 6% accretion to our forward estimates. We view the acquisition favorably as it gives EEFT a stronger foothold in account-to-account money transfer with good revenue synergy opportunities.”Euronet Worldwide closed on Monday at $36.21.
Posted In: Analyst ColorPrice TargetAnalyst RatingsJennifer DuganSterne Agee