July 11, 2014 9:44 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, SunTrust analyst Robert Peck previewed
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: GOOG) (NASDAQ: GOOGL) second quarter earnings.Peck expects the company's results to come in-line with expectations. The analyst wrote, "While we expect inline results, we think investor expectations are subdued with questions around the Finance ad vertical, YouTube revenues, and recent investments & acquisitions. We think the lack of overly-exuberant expectations helps provide support for the 2Q report. Further, we expect continued upbeat commentary around PLAs and Android/Play." SunTrust expects Q2 EPS to come in at $6.10 and net revenue of $12.3 billion, versus consensus of $6.24 and $12.3 billion. The firm sees $14.1 billion in core gross ad revenue with paid clicks up 26 percent year-over-year.The analyst maintains a Buy rating on Google. Peck concluded, "With investors' expectations subdued, we continue to recommend GOOGL for several reasons: a still growing and highly defensible core business, an emerging incremental growth driver in Play, a robust balance sheet, almost unrivaled optionality, and supportive valuation." Shares of Google closed at $571.10 on Thursday.
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