27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
- Goldman Sachs analyst Kate McShane downgraded Big Lots Inc (NYSE:BIG) to Sell from Neutral with a price target of $43, down from $58.
- McShane said despite increasing mobility trends and the company's treasure hunt experience, store traffic "remained lackluster" at Big Lots.
- Looking ahead, the analyst anticipated further store traffic challenges for the company.
- The low-end consumer will likely slow discretionary spending as real wages are squeezed, especially in Big Lots' key categories of furniture and home, and focus shopping trips on more essential retailers, McShane said.
- Price Action: BIG shares are trading lower by 2.52% at $42.86 on the last check Tuesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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