January 28, 2016 3:19 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.
Shares of
Groupon Inc (NASDAQ: GRPN) have lost nearly 10 percent since the start of 2016 and have fallen around 60 percent over the past year. Despite Groupon's underperformance, the Vetr crowd turned incrementally bullish on the company's prospect and
upgraded the stock's rating to 3.5-stars out of a possible 5-stars. In fact, shares of Group have risen to $2.69 since the prior rating of 3.0-stars was issued just 2 days ago.Related link: Here's how crowdsourced ratings can beat the market.Despite the fact that 75 percent of the crowd's ratings are bullish, the crowd sourced price target of $2.82 implies a potential upside of just 2 percent from its current level.
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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