UPDATE: Piper Jaffray Initiates Coverage on Dunkin' Brands

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 published Thursday, Piper Jaffray has initiated Dunkin' Brands (NASDAQ: DNKN) with an Overweight rating and $39 PT.In the report, Piper Jaffray said, "For FY12, we are projecting total revenues of $672.7 million assuming 714 new restaurants and blended same-store sales of +4.5%, with operating margins growing ~270 bps to 45.8% of sales. For FY13, we are projecting total revenues of $719.3 million assuming 734 new restaurant and blended same-store sales of +4.5%, with operating margins increasing 140 bps to 47.2% of sales."Dunkin' Brands closed Wednesday at $33.88.

27% profit every 20 days?

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