January 15, 2015 9:13 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, Morgan Stanley analyst Benjamin Swinburne resumed coverage 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: LBTYA) with an Overweight rating and $56.00 price target.In the report, Morgan Stanley noted, “Our thesis on Liberty Global is based on the two central tenets of its investment thesis: 1) mid-single digit organic revenue and EBITDA growth, levered through its capital structure and tax position into 2) ~18% annual FCF/share growth from '15-'17E. Assuming shares trade ~16x fwd. fully taxed FCF at YE17,versus ~18x today, we believe shares should reach $56 by YE15, or ~20% upside from here. On a reported basis,expected pro forma rebased EBITDA growth of 5-6% in '15E is negatively impacted by FX headwinds of ~900 bps using current spot rates. Nevertheless, we believe shares can outperform, as we see upside to organic growth expectations in '15E, and a year-long pause in major M&A will help shine a light on the strong organic levered equity opportunity for investors. Our bull case has upside of ~40%,versus a bear case of ~30% downside.”Liberty Global plc closed on Wednesday at $47.84.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.