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.
- Barclays analyst Kannan Venkateshwar downgraded The Walt Disney Co (NYSE:DIS) to Equal Weight from Overweight with a price target of $175, down from $210, implying priced at the current level.
- The growth of Disney+ has slowed significantly despite the launch of new franchise titles and Star+, Venkateshwar notes.
- As such, the analyst believes Disney faces a "tough" task to get to its long-term streaming subscription guidance. When assuming peak pre-streaming price-to-earnings multiples for Disney on present 2024 consensus earnings estimates, the stock has significant downside risk from current levels, Venkateshwar says.
- Price Action: DIS shares traded lower by 2.21% at $172.50 in the premarket session on the last check Monday.
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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