May 9, 2014 8:01 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 Friday, Brean Capital analyst Todd Mitchell reiterated a Buy rating and $62.00 price target 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.
(NASDAQ: DISH).In the report, Brean Capital noted, “We believe the Comcast-TWC combo highlights value of DBS companies and their large sub bases. However, we also think that the market's view that DISH will be acquired by AT&T for its spectrum assets is misplaced. Instead we believe comments for DISH's Chairman Ergen on last night's call, and previously, indicate that DISH will remain an independent actor and could even be a potential bidder for T-Mobile should the Sprint deal be blocked for regulatory reasons. Ultimately, we think that there is the potential for significant value to be created in DISH's plans to transform itself to a hybrid satellite-LTE platform with both a tradition MCVP and a wireless-centric OTT service profile. However, near-term, we think the stock could come under pressure if the easy-money crowd's expectations are not met. As a result, we are maintaining our $62 price target and would look for a better point of entry.”DISH Network Corp. closed on Thursday at $60.14.
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