October 13, 2010 8:50 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.
Myriad Genetics Inc (NASDAQ: MYGN) was upgraded by RBC Capital Markets from "sector perform" to "outperform." MYGN's shares closed at $18.66 yesterday. Shares of Myriad Genetics have fallen 28.48% year-to-date.Jefferies & Co upgraded Alcatel-Lucent (NYSE: ALU) from "underperform" to "buy." ALU's shares closed at $3.61 yesterday. Shares of Alcatel-Lucent have moved up 8.73% so far this year.BMO Capital upgraded Smithfield Foods Inc (NYSE: SFD) from "market perform" to "outperform." SFD's shares closed at $15.62 yesterday. Smithfield Foods' quarterly earnings surged 160.85% y/y.Analysts at Goldman Sachs upgraded AngloGold Ashanti Limited (NYSE: AU) from "sell" to "neutral." AU's shares closed at $46.80 yesterday. AngloGold Ashanti's earnings are likely to advance by 76.97% this year.
More Analyst Ratings here
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.