January 7, 2013 8:40 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.
Deutsche Bank raised its rating on Flowers Foods (NYSE: FLO) from Hold to Buy and increased its price target from $21 to $27. Deutsche Bank noted, "Based on a LT thesis, we are upgrading Flowers' shares due to consolidation and likely benefit to profitability. With heightened strategic activity in 2012 including some companies making acquisitions while others splitting up, we analyze the correlation between market share and operating margins across 22 categories. Our research suggests a high r-sq (0.83) between variables. We examine select categories (bread, dairy, yogurt) to see where profitability is possibly headed in the next few years."Flowers closed at $25.05 on Friday.
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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