27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Tripadvisor Inc (NASDAQ: TRIP) are down more than 26 percent since the beginning of 2016. However, the losses were registered over the first 40 days of the year. In the last month, the stock has been quite volatile, but is now trading around the same price as it was 30 days ago.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
On Monday, top raters at the Vetr community upgraded their rating on the stock, from 4.0 Stars to 4.5 Stars -- out of a possible 5.0 Star rating. In addition, they set a price target of $71.49 per share, which implies an upside of more than 14 percent from current valuations.
Finally, it should be noted that 75 percent of the crowd’s ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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