April 20, 2012 8:14 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.
Benchmark initiates its coverage on Nike (NYSE: NKE) with a Buy rating and a $128 price target following the beat in quarterly results. Benchmark notes, "With its diversified distribution channels, large international exposure and innovation pipeline, Nike is a global brand leader in athletic footwear and apparel with a significant emerging markets growth opportunity, cash rich balance sheet and best in-class management team. Our call is not just based on the view that 2012 is setting up to be a stellar year given the sporting calendar. We think the company is well-positioned to continue to take share for the next several years and our FY14 estimate of $6.24 is almost 8% above consensus." NKE closed at $128 on Wednesday.
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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