September 5, 2014 10:20 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, Morgan Stanley analyst Joseph Moore reiterated an Equal-Weight 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: AMBA).In the report, Morgan Stanley noted, “Despite strong results, risk reward is balanced at these levels, in our view. A very strong consumer camera build in the October qtr across GoPro (sports), Dropcam (home security), and auto dashboard cameras drives October numbers much higher. But with the stock surge coming into the qtr, our sense is that much of this is priced in, and the company highlighted a potential decline in January after these strong builds. At 23X 2015 estimates for a consumer-centric company with high customer concentration, we'd wait for a better entry point.”Ambarella closed on Thursday at $35.77.
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