February 3, 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, Wedbush Securities analyst Shyam Patil reiterated a Neutral rating and $16.00 price target 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: NUAN).In the report, Wedbush Securities noted, “As Nuance's business continues to transition toward ratably recognized recurring revenue, we believe the key metrics to measure business performance are net new bookings growth, recurring revenue and cash flow. As we have mentioned previously, we are becoming more optimistic, but we are maintaining our NEUTRAL, as we would like further confirmation that the underlying fundamentals remain healthy. We believe that shifting investor focus toward the key business metrics and continued execution are likely the main catalysts for the stock.”Nuance Communications closed on Monday at $13.80.
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