August 1, 2014 9:29 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, Deutsche Bank analyst Greg Poole 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: EXPE), and raised the price target from $70.00 to $80.00.In the report, Deutsche Bank noted, “Expedia reported a big beat and raise quarter in 2Q, up against very high expectations. Room night growth accelerated in both domestic and intern'l from Travelocity/Easter and easy comps with last year's Tripadvisor and eLong/Qunar issues. We are encouraged by the progress and the growth, but the 2H14 guidance assumes mid-teens growth, or around 12% ex-Travelocity, which we estimate is organic growth. We have missed most of the move at EXPE since mid-2013, and while we increase our estimates, we believe that most of the strong performance is priced in at 18x non-GAAP EPS and 11x EBITDA.”Expedia closed on Thursday at $79.42.
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