February 13, 2015 10:17 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Friday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating on
j2 Global (NASDAQ: JCOM), and raised the price target from $62.00 to $75.00.In the report, Wedbush Securities noted, "j2 reported strong 4Q upside with both cloud and media outperforming and provided guidance ahead of expectations despite a meaningful headwind from FX. The company continues to execute on its strategy and successfully (and impressively) deployed roughly $250 million in capital in 2014 despite not closing any large transactions during the year." The report continued, "We continue to believe the major catalysts for the stock will be M&A (especially mid-to-large size deals) and realization of synergies. We are reiterating our OUTPERFORM rating and raising our target to $75 (from $62)."j2 Global closed on Thursday at $59.54.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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