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.
Facebook Inc (NASDAQ: FB) shares are up more than 3.5 percent in Thursday's trading after bullish comments from an analyst at Cowen.
John Blackledge, who holds a price target of $91 with an Outperform rating on the stock, called Instagram a "rising social star," adding that the photo-sharing platform "is a valuable asset...given its large, fast-growing and highly engaged user base."
That asset, the analyst added, is "drawing significant advertiser interest," according to recent surveys conducted by Cowen.
Along with user growth forecast to double by 2020, Blackledge estimated Instagram to be worth $33 billion. Facebook itself is worth another $140 billion, while Facebook Messenger is valued at $10.5 billion, he wrote.
Related Link: Facebook Stock: Technical Alert
On a valuation basis, Facebook trades at $142 EV per MAU, above Twitter Inc (NYSE: TWTR) ($104), but below Google Inc (NASDAQ: GOOG) ($238), Blackledge explained.
Summing up his thesis, the analyst provided three potential catalysts for this year:
- Mobile ad revenue growth
- Video advertising
- Instagram monetization
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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