SunTrust Bullish on Zillow at Lower Levels


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 "Quick Thoughts" piece out this morning, Robert Peck of Sun Trust commented on Zillow (NYSE: Z)"We remain bullish on the LT opportunity of Zillow , but maintain our Neutral rating as we look to be more constructive at lower entry points and with more certainty around the Trullia (NASDAQ: TRLA) merger"He also walked though the 5 top takeaways:-Monetization of Listing Inventory: Impact to monetization of listings by national deals-News Corp Acquisition of Move.com: The deal signifies News Corp's view of the opportunity in US real estate -Zebra HoldCo Merger Progress: Management seemed optimistic that the deal would be approved-Pricing Strong, Conversion Improving, ROI Stable: Management noted continued high demand from agents across zip codes-Street Easy and Rentals: Company noted continued traction in its new cost per leadShares of Z are trading unchanged in the pre-market

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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