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 Viacom, Inc. (NASDAQ: VIAB) have gained 9.4 percent since the year started, and more than 15 percent in the last month alone. However, the Vetr crowd seems to think there’s still room for upside left, as evidenced by its average price target of $51.24. This implies a potential return of roughly 12.8 percent from current valuations.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Seeking to better reflect this upside potential, the community decided to upgrade its rating on Viacom’s stock on Monday, from 3.5 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.
Finally, it should be noted that 71 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!