November 7, 2014 8:40 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 Friday, Stifel analyst Kevin Cassidy 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.
(NASDAQ: NVDA), and raised the price target from $22.00 to $24.50.In the report, Stifel noted, “Nvidia turned in a solid beat to the October-ending quarter the old-fashioned way – higher revenue and GM and lower OpEx and share count. Management reported a doubling of gaming notebook revenue y/y which we view as significant as PC gaming moves from mainly desktops to the higher-volume notebook market. Revenue guidance for the January-ending quarter is in-line with consensus estimates but came in below our estimates. Guidance for higher GM, lower OpEx and a lower tax rate resulted in our revised non-GAAP EPS increasing and beating consensus non-GAAP EPS estimates. We remain positive on the NVDA shares as the company's GPU architecture is increasingly used in data centers and supercomputer applications to accelerate computational performance. We are lifting our FY16 estimates and 12-month price target.”NVIDIA closed on Thursday at $20.22.
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