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.
- KeyBanc analyst Eric Gonzalez reiterated an Overweight rating on the shares of Papa John's International Inc (NASDAQ:PZZA) and lowered the price target from $92 to $90.
- The price target cut reflects slightly lower international segment profit/slightly higher general and administrative expenses.
- The analyst believes sentiment remains largely negative fueled by the absence of EPS growth this year, the potential for negative earnings revisions, management turnover, and limited confidence in unit growth targets.
- However, the analyst believes the risk/reward skews positive for investors looking past near-term volatility.
- The analyst noted the recent development agreements/disclosures in the company's Franchise Disclosure Document (FDD) give further visibility on the unit growth pipeline.
- The analyst thinks the brand's premium positioning, innovation track record, unit economics, and digital capabilities should help the company deliver superior returns over the long term.
- Also Read: Papa John's Eyes Large Presence In India By 2033; Expands Partnership With PJP Investments
- Price Action: PZZA shares are trading higher by 0.82% at $75.90 on the last check Tuesday.
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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