October 23, 2014 8:38 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 Thursday, SunTrust Robinson Humphrey analyst Robert S. Peck reiterated a Buy rating 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: YELP), but lowered the price target from $90.00 to $80.00.In the report, SunTrust Robinson Humphrey noted, “3Q was solid with revenue growth accelerating to 67% from 61% driven by the new YP partnership. Revenue, gross margin, EBITDA, and EPS topped consensus. For 4Q, EBITDA guidance is solid at $24.5M midpoint vs. consensus $24.1M. But revenue guidance below consensus primarily in Brand (less a focus) but also implying deceleration in core Local (to ~58% from 66%). The reason for the deceleration is unclear and begs the question whether guidance is conservative. We suspect out-year revenue forecasts will come down given lower guided growth exiting 4Q.”Yelp closed on Wednesday at $70.23.
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