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.
On Holding AG (NYSE:ONON) reported a sharp rise in sales results for the fourth quarter on Tuesday.
On Holding said quarterly revenue increased 91.9% year-over-year to CHF 366.8 million ($396.98 million). The company reported adjusted earnings of CHF 0.02 up from a loss of CHF 0.04 year-over-year.
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Full-year 2023 net sales are expected to be approximately CHF 1.7 billion.
On Holding shares jumped 26.4% to close at $27.26 on Tuesday.
These analysts made changes to their price targets on On Holding following the release of results.
- Telsey Advisory Group boosted the price target on On Holding from $30 to $33. Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating.
- Morgan Stanley increased the price target on On Holding from $26 to $33. Morgan Stanley analyst Alex Straton maintained an Overweight rating.
- Credit Suisse increased the price target on On Holding from $28 to $33. Credit Suisse analyst Michael Lapides maintained the stock with an Outperform rating.
- Baird boosted the price target on On Holding from $31 to $33. Baird analyst Jonathan Komp maintained the stock with an Outperform rating.
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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.