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.
HP Inc. (NYSE:HPQ) reported weaker-than-expected sales results for its third quarter and lowered its full-year earnings guidance.
The company said it expects full-year earnings to be between $4.02 and $4.12 per share versus the estimate of $4.30 per share. HP previously guided for full-year earnings to be in a range of $4.24 to $4.38 per share.
HP shares fell 6.2% to $29.18 in pre-market trading.
Several analysts made changes to their price targets on HP today.
- Credit Suisse cut the price target on the stock from $39 to $33. Credit Suisse analyst Shannon Cross maintained an Outperform rating on the stock.
- Wells Fargo lowered price target on the stock from $30 to $25. Wells Fargo analyst Aaron Rakers maintained HP with an Underweight.
- UBS reduced the price target on the stock from $40 to $32. UBS analyst David Vogt maintained HP with a Neutral.
- Barclays cut the price target on the stock $32 to $27. Barclays analyst Tim Long maintained the stock with an Underweight rating.
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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