March 7, 2012 7:58 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.
According to a research report published today, Sterne Agee has increased Foot Locker's (NYSE: FL) PT from $30 to $36.Sterne Agee commented in the report, “We are raising our FY12 & FY13 EPS estimates from $2.25 & $2.32 to $2.39 & $2.51.We are also increasing our SSS estimates to reflect the +MSD guidance. Based on the positive changes occurring within FL, most importantly the empowered team atmosphere that continues to evolve, and , what we believe will be the achievement of most all but the sales part of the revised plan by 2015 at the latest, we are raising our PT from $30 to $36. We contend that potential effectiveness of new allocation systems, and measured investments into the core businesses will drive upside to EPS and revenue in the coming years.”Sterne Agee maintains its Buy rating on Foot Locker, which closed yesterday at $29.62.
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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