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.
Amazon.com, Inc.
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Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)
According to SmarterAnalyst, Mark Mahaney of RBC Capital reiterated an Outperform rating on Google with a $650 price target on March 25. Google's CFO, Patrick Pichette, announced his retirement earlier this month. This week, Google announced that Ruth Porat, Morgan Stanley CFO, will be replacing him.Mahaney views Porat as "one of the most capable hires" given her "impressive skill set and tech industry background." She will be taking on a difficult job as Google has "the largest portfolio of Internet investments, which requires a CFO who can handle substantial complexity [and] who understands the investment needs and opportunities of a rapidly evolving technology sector leader." Mahaney believes Porat is well suited for the position and that she will be an asset for returning "potential cash back to shareholders" and regulating "firmer opex management/discipline."Mark Mahaney has rated Google 33 times since June 2009, earning a 79 percent success rate recommending the tech giant with a +32.6 percent average return per Google recommendation. Overall, Mahaney has a 66 percent success rate recommending stocks with a +21.8 percent average return per recommendation.On average, the top analyst consensus for Google on TipRanks is Moderate Buy.Twitter Inc (NYSE: TWTR)
Facebook Inc (NASDAQ: FB)
On March 23, analyst Ronald Josey of JMP Securities reiterated an Outperform rating on Facebook and raised his price target from $94 to $97. Josey made the rating in preparation for Facebook's F8 conference, a developer conference in San Francisco taking place on March 25 and 26. In the past, Facebook has used the conference as a platform to introduce new features and make major announcements.Ronald Josey increased his price target after analyses showed that Facebook is taking more of the market share due to growing popularity of its mobile app and its mobile advertisements. Josey predicts that Facebook will discuss user trends and product updates at the F8 event, specifically on its autonomous brands such as Instagram and WhatsApp. Josey also anticipated hearing more on Facebook's latest effort to host content within its own platform, as opposed to embedding links that go to an external website.Ronald Josey has rated Facebook 12 times since March 2013, earning an 89 percent success rate recommending the social media site with a +28.4 percent average return per recommendation. Overall, Josey has a 70 percent success rate recommending stocks with a +9.8% average return per recommendation.On average, the top analyst consensus for Facebook on TipRanks is Strong Buy.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.