September 20, 2010 9:45 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.
Morgan Keegan is increasing it's estimates for Adtran Inc. (NASDAQ: ADTN) as well as raising the price target to $38 from $36. Morgan Keegan also has an outperform rating on ADTN. Recent poor consumer broadband addition metrics highlight the need for carriers to upgrade service offerings. The stock does not strike Morgan Keegan as particularly cheap, but good growth leading to increased Street estimates could helpRisks to achieving Adtran's the target price include delayed spending by atop customer or government broadband stimulus spending represent the most significant risk to achieving the earnings forecast. As a secondary risk, Morgan Keegan considers slower long term sales growth die to muted trends in carrier capital spending that could pressure the stock multiple. ADTN closed Friday at $34.11
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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