April 23, 2014 3:23 PM | 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.
Pandora Media (NYSE: P) is due to report first quarter earnings on Thursday after market close.Morgan Stanley analyst John Egbert believes Pandora's ad business “is better-equipped to face the industry's CQ1 seasonal slowdown than it was last year, which could lead to slight upside in advertising revenue.”Egbert is forecasting “CQ1:14E non-GAAP revenue of $175MM (in-line with consensus), adjusted EBITDA of -$26MM (vs. consensus -$23MM), and non-GAAP loss per share of -$0.15 (vs. consensus -$0.14).”The analyst expects advertising revenue to grow by 40 percent year over year to $135 million.Shares of Pandora are down 3.4 percent to $28.31 in Wednesday's trading. The stock is 30 percent off its high of $40.44.
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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