September 20, 2010 6:47 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.
Radiant Systems, Inc. (NASDAQ: RADS) is having coverage initiated with a Buy rating and $22 price target by Jefferies & Co., which played the part of Joint Bookrunner for the company's secondary offering at $17/share on 9/9.According to Jefferies, Radiant has been a market share gainer in emerging and fragmented markets and is expected to achieve higher margins and recurring revenues, in both domestic and international markets.Radiant's North American segment has grown by 23% in 1H2010, driven by chains like Arby's and Brinker (NYSE: EAT), but has also improved its indirect channel business and and SaaS (software as a service) type ancillary products, Jefferies reports.Radiant Systems, Inc. closed Friday at $17.40.
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.
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