UPDATE: Nomura Cuts PT to $54 on Walt Disney on Mixed Quarter


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.


Nomura reiterated its Buy rating on Walt Disney (NYSEL DIS) but cut its price target from $55 to $54. Nomura noted, “Last night, Disney reported F4Q12 EPS of $0.68, in line with consensus but $0.01 below our estimate. Cable Networks provided the majority of the beat, offset by lower Parks and Studio results. Consumer Products and Interactive also drove some upside. We believe U.S. Parks margins expanded slightly helped by Disney Cruises. We believe investors should not give too much weight to one quarter and are often rewarded by taking a longer term view on Disney. While F1Q will now likely be a messy and complicated start to FY13, we still expect a strong back half of the year. Despite the higher growth initiative spending, we project U.S. Park margins to expand by 80bps in FY13. We will revisit our stimates and incorporate the Lucasfilm acquisition following DIS‟10-K filing."Walt Disney closed at $50.04 on Thursday.

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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Posted In: Analyst ColorPrice TargetReiterationIntraday UpdateAnalyst RatingsNomura