April 29, 2014 9:23 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 Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Underweight rating on
Gogo (NASDAQ: GOGO).In the report, Morgan Stanley noted, “Today, AT&T announced plans to launch an in-flight connectivity service for commercial, business, and general aviation, planned to be available as soon as late 2015. The company plans to work with Honeywell to provide hardware and service capabilities to deliver the in-flight connectivity solution, using an air-to-ground network, similar to Gogo. We note that in January 2012, Gogo had proposed using the WCS spectrum for broadband, although AT&T would have to get approval from the FCC to roll out an air-to-ground network using their existing spectrum.”Gogo closed on Monday at $18.38.
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.
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