August 13, 2014 9:48 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 Wednesday, Bank of America analyst Nat Schindler reiterated an Underperform 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: SYNC), but lowered the price target from $2.40 to $2.00.In the report, Bank of America noted, “Synacor reported 2Q14 rev/EBITDA of $24.1mn/($1.2mn) missing the Street estimates of $24.2/($0.8mn).Unique visitors declined 9% y/y to 17.9mn, search queries declined 27% y/y to 130mn, and advertising impressions decreased 14% y/y to 8.9bn, though were up 4% q/q on increased video ads. Management lowered FY14 revenue guidance down $2mn on the top end and lowered EBITDA guide to $(1mn)-$(2.5mn) due to delayed product deployment and continued investment.”Synacor closed on Tuesday at $2.33.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.