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.
- UBS lowered Ciena Corporation (NYSE:CIEN) price target from $43 to $31. Ciena shares closed at $36.29 on Thursday.
- Barclays cut the price target for Encana Corp (NYSE:ECA) from $11 to $5. Encana shares closed at $3.93 on Thursday.
- Stephens & Co. cut the price target for Michaels Companies Inc (NASDAQ:MIK) from $9 to $7. Michaels shares closed at $6.08 on Thursday.
- Jefferies lowered the price target on TechnipFMC PLC (NYSE:FTI) from $33 to $21. TechnipFMC closed at $18.90 on Thursday.
- PiperJaffray boosted the price target on Lululemon Athletica Inc (NASDAQ:LULU) from $227 to $244. Lululemon closed at $230.79 on Thursday.
- Goldman Sachs raised Kiniksa Pharmaceuticals Ltd (NASDAQ:KNSA) price target from $16 to $18. Kiniksa Pharmaceuticals shares closed at $9.97 on Thursday.
- Morgan Stanley lifted the price target for Epizyme Inc (NASDAQ:EPZM) from $12 to $22. Epizyme shares closed at $15.30 on Thursday.
- Evercore ISI Group lowered Tapestry Inc (NYSE:TPR) price target from $32 to $25. Tapestry shares closed at $25.45 on Thursday.
- Jefferies lowered the price target for J.Jill Inc (NYSE:JILL) from $5 to $1.50. J.Jill shares closed at $1.24 on Thursday.
- Buckingham cut the price target for At Home Group Inc (NYSE:HOME) from $6 to $4.75. At Home shares closed at $5.48 on Thursday.
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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