July 5, 2012 5:58 PM | 1 min read
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.
Piper Jaffray lowered its Starbucks (NASDAQ: SBUX) price target from $70 to $67 and reiterated the company's Overweight rating in a research report published today.In the report, Piper Jaffray stated, "While our earnings and price target are ticking down slightly, we believe the LT growthstory is as solid as ever. Additionally, our recent check of 10 stores in Texas suggests the recent "soft launch" of K-Cups into the retail/store channel is on track to potentially drive traffic as consumer awareness increases."Later in the report, Piper Jaffray stated, " Specific to the single-serve arena, we continue to believe brand equity matters and that Starbucks maintains one of the most prominent global reputations."Shares of Starbucks closed today at $52.40, up 0.89% from Tuesday's close, and dropped 0.17% to $52.31 in Thursday after-market trading.
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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