November 8, 2010 4:51 PM | 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.
Blaine R. Carroll, a Hudson Securities analyst, reiterated a neutral rating on DragonWave, Inc.(USA) (NASDAQ: DRWI). He decided to lower his estimate for DRWI's F3Q11 revenue to $27M from previous $32.5M, and he also lowered his EPS estimate to a loss of $0.01 per share.Hudson Securities analyst believes that DragonWave (DRWI) needs to expand its customer base beyond Clearwire, if it wants to achieve its long term growth. Mr. Carroll added that DRWI is well positioned to benefit from the build out of data networks in the wireless sector.The analyst believes that DragonWave (DRWI) is fairly valued at 28 times earnings, and therefore maintains a neutral rating on this stock.DragonWave (DRWI) dropped 8.58% on Monday, and it closed at $7.03.
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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