September 17, 2014 8:33 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, D.A. Davidson analyst Mark Kelleher initiated coverage 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.
(NYSE: CUDA) with a Neutral rating and $29.50 price target.In the report, D.A. Davidson noted, “Barracuda's products target multiple segments of the fast-growing security market. From standard load balancing and firewall capabilities, the company is unique in its ability to also offer data backup solutions. We believe such a breadth of capabilities will allow it to differentiate itself in a crowded market. Barracuda offers easy-to-deploy data back-up and security solutions addressing the needs of the small and medium sized business (SMB) market, which is often IT resource constrained. CUDA's solutions, often deployed on hardware appliances or virtual instances, are cloud-connected that enables continuous software updates and off-site redundancy. We believe this unique deployment architecture will enable mid-teens top-line growth for the next several years.”Barracuda Networks closed on Tuesday at $26.74.
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