October 30, 2014 9:32 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, Wunderlich Securities analyst Matthew Harrigan reiterated a Buy rating and $197.00 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: CHTR).In the report, Wunderlich Securities noted, “Buy-rated Charter Communications (CHTR) released Q3 results two days early with a $1.5B bond offering in queue for this morning. The stock is down around 2% this morning, but we feel that the 1% vicinity shortfall in top line and EBITDA growth relative to WSI estimates is largely a timing function of where Charter CEO Tom Rutledge and his management team are in bending the growth curve for product bouquet penetration and pricing, not to mention incremental sales drop through to EBITDA. WSI's S&P 500 linked 2015 ‘as is' Charter target is $183, with deal closures dictating a $203 target. (The official $197 target is off reasonable 70% odds on closing.)”Charter Communications closed on Wednesday at $153.71.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.