Piper Jaffray Initiates Bristol-Myers Squibb With Underperform


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.


Analysts at Piper Jaffray initiated coverage on Bristol-Myers Squibb Co (NYSE: BMY) with a Underperform rating.The target price for Bristol-Myers Squibb is set to $60.Bristol-Myers Squibb shares have gained 37.27 percent over the past 52 weeks, while the S&P 500 index has surged 7.12 percent in the same period.Bristol-Myers Squibb shares climbed 0.83 percent to close at $65.96 yesterday.

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.


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Posted In: InitiationAnalyst RatingsPiper Jaffray