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.
Wells Fargo expects shares of Time Inc (NYSE: TIME) to be rangebound amid takeover rumors swirling around the company linking it to Meredith Corporation (NYSE: MDP) and Hearst.
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Analyst Eric Katz is not comfortable with the underlying fundamentals, but he also not ruling out the possibility of a deal, thus putting a potential floor under the current $18-ish stock price.
“Until a deal does or doesn't happen, we view TIME as sort of stuck—hence we maintain our Market Perform,” Katz wrote in a note.
Katz’s analysis shows a Meredith deal creates a combined company with revenue of $4.8 billion and EBITDA of $1.0 billion. Meanwhile, the analyst has wondered over Hearst buying Time given the former is known for its disciplined buyer.
Katz has a Market Perform rating has a valuation range of $13–$15. At last check, shares of Time were down 0.28 percent at $17.70.
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.