March 12, 2015 9:20 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, Credit Suisse analyst Michael Nemeroff reiterated an Outperform rating and $18.00 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.
(NYSE: WK).In the report, Credit Suisse noted, "WK reported solid 4Q results, in our view, with revenue, EPS and cash flow all ahead of Street ests. The quarter was highlighted by better than expected subscription growth (+30.6% yr/yr vs. CS of +25.4%), driven by strong new customer growth (+17% yr/yr to 2,261) as WK executes on its "land and expand" sales strategy by acquiring new customers and driving incremental seat growth at existing customers through the cross sell of additional Wdesk use cases. This was a solid first quarter post-IPO, in our view, as mgmt. commented that its sales force hiring is tracking well against its +25-30% yr/yr quota-carrying sales reps target, which we believe should support an acceleration in new customer acquisition and drive continued strong subscription revenue growth over the next few qtrs."Workiva closed on Wednesday at $14.51.
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