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.
The Vetr community on Wednesday downgraded Under Armour, Inc. (NYSE:UAA) from 2 stars (Sell) to 1.5 stars (Strong Sell). The Vetr crowd was mixed on Under Armour, with 42.9 percent of Vetr users giving the stock a Buy rating, 42.9 a Sell, and 14.2 percent a Hold.
See how crowdsourced ratings could help you time the market
At time of publication, Under Armour shares were trading up 0.33 percent at $15.37. The Vetr crowd’s aggregated price target of $11.98 implies a 21.8 percent downside, indicating an extremely bearish sentiment.
This sentiment was echoed by analysts. The 12-month consensus price target is at $12, implying a strong downside.
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.
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!