April 24, 2014 10:29 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.
In a report published Thursday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on
America Movil SAB de CV (NYSE: AMX), but removed the $20.00 price target.In the report, Morgan Stanley noted, “Our preliminary estimate is that the increased investment in Telekom Austria would be neutral to AMX EPS excluding any synergies and that leverage will increase from approximately 1.7x to about 2.0x Net Debt-to-EBITDA. This assumes that AMX will subscribe up to 75% of the planned EUR1bn capital increase and that it will succeed in acquiring the entire free float at the offer price of EUR7.15/share."The announcement is consistent with the information disclosed in numerous press articles in recent days (see ‘América Móvil in government talks over Telekom Austria', Financial Times, February 25, 2014), and as such we expect only a minimal impact on the shares.”America Movil SAB de CV closed on Wednesday at $19.63.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.