UPDATE: DA Davidson Terminates Coverage on Texas Roadhouse

by Benzinga Staff
May 1, 2012 7:13 AM | 21 seconds read | Make a Comment

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.

DA Davidson says it is dropping its Neutral rating on Texas Roadhouse (NASDAQ: TXRH) due to the departure of the analyst that covered the company. DA Davidson notes, "Due to the departure of our analyst we are dropping coverage of TXRH shares effective immediately. All estimates, target prices and rating (Neutral) published by D.A. Davidson & Co. on April 26, 2012 are now being vacated."TXRH closed at $17.40 on 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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Posted In: TerminationPre-Market OutlookAnalyst RatingsDA Davidson

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