UPDATE: Goldman Sachs Initiates Tumi Holdings at Buy on Secular Strength

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.

Goldman Sachs initiated coverage on Tumi Holdings (NYSE: TUMI) with a Buy rating (Conviction List) and a $30 price target. Goldman Sachs commented, "TUMI sits at the intersection of a number of positive investment themes. First, it is a beneficiary of favorable product cycles in both accessories and men's categories. Second, it is executing a powerful distribution upgrade as it builds out owned-retail stores in North America. Third, product and in-store execution has been solid. Finally, TUMI is uniquely exposed in our coverage to international growth opportunities over the long term."Tumi Holdings closed at $21.70 on Monday.

27% profits every 20 days?

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