January 14, 2013 2:13 PM | 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.
Oppenheimer reiterated its Outperform rating on Yum! Brands (NYSE: YUM) but lowered the price target from $82.00 to $74.00.Oppenheimer said, "As uncertainty hangs over YUM's China business (43% of profits), we've sharpened our pencils and lower '13E below the Street's optimistic-looking estimates. Our analysis suggests '13 EPS growth is likely to trend below management's double-digit outlook as China sales weakness and associated margin de-leverage choke-hold the model. While the China issues appear transitory, visibility into timing the rebound is low and the probability of a downward reset in '13 EPS expectations appears high. We still favor long-term risk/reward and reset our price target to $74 (previously $82) supported by our base-case analysis."Yum! Brands closed at $66.87 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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