Morgan Stanley Initiates Amazon.com With Overweight


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.


Analysts at Morgan Stanley initiated coverage on shares of Amazon.com (NASDAQ: AMZN) with a Overweight rating.The target price for Amazon.com is set to $420.Amazon.com shares have dropped 18.14% over the past 52 weeks, while the S&P 500 index has surged 12.58% in the same period.Amazon.com shares fell 1.27% to $299.35 in pre-market trading.

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.


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Posted In: InitiationAnalyst RatingsMorgan Stanley