April 29, 2014 9:21 AM | 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.
In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Overweight 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.
(NYSE: VZ), but removed the $52.00 price target.In the report, Morgan Stanley noted, “Verizon management struck a constructive tone at a recent meeting with sell side analysts. Strong financial performance should continue, while operational metrics should improve going forward. A significant part of the discussion centered on the quarterly earnings, and the subsequent market sell-off. Management indicated that network issues late last year, and competitive actions, drove low end wireless churn, but metrics started to improve through the quarter, and, hopefully, 1Q churn represents a high water mark.”Verizon Communications closed on Monday at $46.60.
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