Guy Adami Is Bullish On LinkedIn Corp


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.


CNBC Fast Money's Guy Adami said on the show that

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LinkedIn Corp (NYSE: LNKD) could trade significantly higher. The stock traded sharply lower and reached its 3 year low on February 5 after the company posted weaker than expected guidance. Adami noticed that it has just completed a head and shoulders pattern with that move. He believes that this could be a short term bottom for the stock, because it recorded a 25 times higher volume than its normal volume while it was trading at its 3 year low. Adami would buy LinkedIn Corp and he would place a stop loss on a close below $100. His upside price target is $150.

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.


Posted In: CNBCMediaFast MoneyGuy Adami