May 13, 2011 8:23 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.
Piper Jaffray reiterated its Neutral rating on McDonald's Corporation (NYSE: MCD). At the same time, it left its price target unchanged at $85.In a research report published today, Piper Jaffray states, "we continue to see MCD shares as a strong defensive play and view the company as arguably best-positioned within the quick-service restaurant space. We believe the company's perpetual approach to remodels will help it protect market share, and further see an opportunity for the company to gainadditional dining share over time by delivering an improved dining experience to close the perceived "value gap" between traditional QSR and fast casual segments. That said, we continue to believe that tougher same-store sales comparisons in 2H11, elevated gas prices, and general consumer-facing macro concerns overshadow the company's consistent +LSD same-store sales trends, thus limiting multiple expansion. We are maintaining our Neutral rating and $85 price target on MCD shares."In yesterday's trading, McDonald's added 1.45% to its value to close the day at $80.66. Its shares lost some value in today's pre-market trading, however, falling 0.43% to $80.31.
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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