June 24, 2014 8:17 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, Wunderlich Securities analyst Matthew S. Robison reiterated a Hold 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.
(NASDAQ: XXIA), but lowered the price target from $16.00 to $12.00.In the report, Wunderlich Securities noted, “Prior to yesterday morning's update, Ixia (XXIA) had not reported since October 29, 2013, and has been in a quiet period most of the time since last September. Ixia restated 2012 and 2013 and reported 4Q13 for the first time. While the restatement did not reveal major changes to then run-rate economics, performance since 3Q13 is well below prior expectations. Some of this may be temporary and fixed with acquisition integration."Our new forecast is reset to reflect gradual improvement from profit decline expected to be reported for 1Q14. With the forecast revision, we have brought our 12-month price target down to $12 from $16. Management expects to have full 1Q14 results next month and plans to name a permanent CEO and CFO by the end of 3Q14.”Ixia closed on Monday at $11.81.
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