October 3, 2014 9:04 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, Credit Suisse analyst Ashley N. Serrao reiterated an Underperform rating and $52.00 price target 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: MKTX).In the report, Credit Suisse noted, “After the market close, MarketAxess reported September business trends. Adjusted investment grade market share inched higher by 10 bps mth/mth to 14.6%–an impressive performance in light of HY issuance nearly doubling from August levels. We believe an increase in volatility and spreads coupled with constrained dealer balance sheets helped drive more secondary trading activity as investors rebalanced their portfolios with smaller trades. In addition, trends within high yield were also robust as rate volatility drove heavy outflows out of high yield funds. All in all, we raise our 3Q estimate to $0.47 (old: $0.45).”MarketAxess Holdings closed on Thursday at $61.78.
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