Wunderlich Downgrades Brocade Communications To Hold


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 Wunderlich downgraded Brocade Communications Systems (NASDAQ: BRCD) from Buy to Hold. The price target for Brocade Communications is set to $12. Brocade Communications shares have jumped 35.30% over the past 52 weeks, while the S&P 500 index has surged 14.79% in the same period.Brocade Communications' shares fell 2.05% to $11.45 in after-hours 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: DowngradesAnalyst RatingsWunderlich