January 25, 2013 11:56 AM | 1 min read |
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.
In a report published Friday, Goldman Sachs reiterated its Neutral rating on McDonald's Corporation (NYSE: MCD), and raised its price target from $94.00 to $100.00.Goldman Sachs noted, “We come away from the meetings with increased confidence in the MCD story heading into 2013. While near-term results will likely remain choppy as a result of tough compares, management expressed clear optimism around its future 2013 new product launches (noting an upcoming chicken launch in particular). We are starting to believe that once tough compares ease in April, MCD may actually be one good new product launch away from a renewed growth cycle. This said, we retain our Neutral rating given uncertainty around the macro in many of MCD's key markets, increased competitive pressures of late, and limited potential for margin expansion in the absence of robust SSS. Management indicated that in the current environment, it would need greater than 3% SSS to lever fixed costs.”McDonald's Corporation closed on Thursday at $93.31.
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.
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