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.
Fitbit Inc (NYSE: FIT) was introduced to the New York Stock Exchange on June 18, and is now the topic of discussion on Wall Street.
Fitbit is a provider of fitness and health products, most notably the Fitbit watch, a competitor to Apple’s watch. Since its IPO, shares if Fitbit have been lifted 49.16 percent.
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Wall Street analysts initiated coverage today on Fitbit:
Bank Of America:Neutral rating and a price target (PT) of $46.Deutsche Bank: Buy rating, $50 PT.
Barclays: Equal-Weight rating, $45 PT.
Morgan Stanley: Equal-Weight rating, $42 PT.
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SunTrust Robinson Humphrey: Buy rating, $50 PT.
Piper Jaffray: Overweight rating.
Stifel Nicolaus: Buy rating, $57 PT.
William Blair: Overweight rating.
SUMMARY: 3 Buy, 2 Overweight, 1 Neutral, 2 Equal-Weight, 1 Market Perform rating.
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.