Wedbush: May Sales Rebound for Polaris Industries


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 this morning, Polaris industries (NYSE: PII) saw quite a rebound after a sequential drop-off in demand in April.Wedbush stated, “Polaris dealers noted their inventories have risen slightly compared to year-ago levels, when SxS inventories were rather thin. Our dealer feedback certainly did not indicate such rising inventories are a problem; rather, dealers are now better able to satisfy increased consumer demand, particularly for popular SxS models.”Polaris Industries closed yesterday at $72.24 as Wedbush maintains its Neutral rating and $77 PT.

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: Analyst ColorReiterationAnalyst RatingsWedbush