October 6, 2014 8:56 AM | 1 min read
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 report published Monday, Stifel analyst Kevin Cassidy reiterated a Buy rating on
Ambarella (NASDAQ: AMBA), and raised the price target from $44.00 to $47.00.In the report, Stifel noted, “Following over 20 investor meetings with management, we are convinced that Ambarella's focus on high quality video with highly efficient compression capabilities at low power is redefining applications for video. While many think of AMBA shares as a play on GoPro (GPRO; Hold; $86.97; followed by our colleague Jim Duffy), we believe the company is also poised for +20% growth in IP Security, Automotive, Wearables and Drones over the next few years. We are increasing our FY16 estimates.”Ambarella closed on Friday at $42.05.
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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