27% profits every 20 days?
This is what Nic Chahine averages with his options 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 note released Wednesday, Piper Jaffray analyst Gene Munster downgraded eBay Inc (NASDAQ: EBAY) from Overweight to Neutral and cut his price target from $63 to $55 citing the unveiling on Apple Inc.'s (NASDAQ: AAPL) new Apple Pay.
Munster said Apple Pay may weigh on eBay's multiple over the next three to six months. However, he doesn't expect it to affect the company's business over the next six to 12 months.
Munster did note, with the integration of Passbook, Apple Pay does represent the potential for "strong" competition with PayPal.
Shares of eBay are trading down more than two percent.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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