October 8, 2014 11:14 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, Wunderlich Securities analyst Matthew S. Robison reiterated a Buy rating and $37.00 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.
(NYSE: NMBL).In the report, Wunderlich Securities noted, “Nimble Storage (NMBL) has been devalued with market sentiment associated with macroeconomic concerns that we believe will have no or minimal impact and perception of insider selling that is inefficient relative to fundamentals. During every quarter of F2015, the company has, and we believe will continue to, significantly enhance product offerings to move up-market with a strong cost advantage. We are modeling re-acceleration of product sales in the second half of F2016 with Fibre Channel adoption. Further in the future we expect InfoSight analytics to drive recurring revenue to further sustain strong double digit percentage revenue growth. Shares are priced attractively relative to high growth data center infrastructure peers. We emphasize our Buy recommendation with $37 target unchanged.”Nimble Storage closed on Tuesday at $22.82.
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