December 30, 2014 8:46 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 Tuesday, D.A. Davidson analyst Mark Kelleher 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: AKAM), and raised the price target from $72.00 to $86.00.In the report, D.A. Davidson noted, “Our overall investment thesis for AKAM remains unchanged. We view the company's technology as significantly differentiated in the market, both on the CDN side of the business and on the security and performance side. The company's ability to deploy capabilities at the edge of the network is one such differentiator. We believe its strong balance sheet and solid cash flow generation also offer it a competitive advantage in the market. We continue to anticipate strong top and bottom line growth throughout 2015 and beyond. We reiterate our BUY recommendation.”Akamai Technologies closed on Monday at $63.79.
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