December 3, 2012 10:17 AM | 1 min read |
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.
In a report published Monday, Goldman Sachs Group reiterated its Neutral rating on United Natural Foods (NASDAQ: UNFI), and slightly raised its price target from $57.00 to $58.00.Goldman Sachs noted, “UNFI reported adjusted EPS of $0.46 (ex. $0.03 one-time items), in line with GS and consensus. Sales momentum remained strong while weaker gross margin was fully offset by better SG&A leverage, resulting in a flat EBIT margin. Management reiterated its FY13 forecast for EPS of $2.14-$2.24 on sales growth of 12.3%-14.2%. The in line results and reiterated guidance saw a muted response as the shares traded down on the day 0.6% vs. a flat S&P 500.”United Natural Foods closed on Friday at $51.77.
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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