January 26, 2011 9:56 AM | 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.
J.P. Morgan is out with a research report this morning, where it reiterates its Overweight rating on Juniper Networks (NASDAQ: JNPR); it has a $40.00 price target on the stock.The JPM analysts cited the company's recent earnings report, which showed solid Q4 results, with Q4 revenue and EPS 6% and 8% above JPM's estimates, respectively. The solid performance was driven in large part by very strong results in Routing. The analysts believe JNPR's Q4 results support the thesis that a pickup in carrier expenditure on routing capacity is underway. As for valuation, the analysts remarked, “Juniper currently trades at a 22.8x our 2011 EPS estimate of $1.66, 7% below the peer average of 24.6x. We're keeping our $40 Dec 2011 PT. We arrive at our PT by applying a 26x multiple to our 2011 EPS estimate.”
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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