UPDATE: Morgan Stanley Initiates Coverage on GrubHub with Equal-Weight Rating on Balanced Risk/Reward

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 Tuesday, Morgan Stanley analyst John Egbert initiated coverage on GrubHub (NYSE: GRUB) with an Equal-Weight rating.In the report, Morgan Stanley noted, “We initiate on GrubHub shares with EW rating and $32 Base Case. We view GrubHub as a high-quality asset with an attractive business model addressing a $9B market in online pickup & delivery. We view risk / reward as balanced currently but think shares could rise if active diners outperform.”GrubHub closed on Monday at $32.64.

27% profits every 20 days?

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