January 6, 2015 8:51 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, Stifel analyst Christopher Brendler initiated coverage on
The Western Union Company (NYSE: WU) with a Hold rating.In the report, Stifel noted, “In our view, WU has unparalleled competitive advantages in the global remittance market with a truly global presence, enviable brand, and an unmatched compliance infrastructure. However, new tech-enabled players and traditional competitors alike are targeting WU's customers with lower priced options that are driving secular pricing pressure. With compliance/marketing adding to operating margin pressure, we struggle to find a bull case despite an attractive valuation, shareholder-friendly FCF distribution, and clear progress in 2014. As such, we rate the shares Hold.”Western Union closed on Monday at $17.76.
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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