March 21, 2013 1:29 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.
Goldman Sachs analyst Lindsay Drucker Mann published a report on Tily's Inc. (NYSE: TLYS) reiterated its Buy rating and lowered the price target from $17 to $16.Goldman Sachs reported that, “We are lowering our EPS and price target following disappointing 1Q13sales and EPS guidance from TLYS on their 4Q12 report. Our Buy-ratinghas been predicated on: (1) a positive view on TLYS rapid supply chain, (2)a long-term algorithm that supports ongoing 10-15% top-line growth,including low-single digit comp sales, (3) a compelling mid-teens P/E for amodel that should fetch a low-20's multiple, and (4) upside optionality if asurf-skate fashion cycle materializes, which we see as likely.”Shares of Tilly's, Inc. closed at $13.76 on Wednesday.
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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