June 5, 2013 4:34 PM | 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 on Wednesday analysts from Sterne Agee initiated coverage on
Dollat Tree (NASDAQ: DLTR) with a Buy rating and a $58 PT.In the report lead analyst Charles Groom commented that, "With traffic slowing recently (+1.3% in 3Q12-1Q13 vs. 4.9% average in prior ten periods) DLTR appears to have a renewed focus on driving higher sales per square foot. In addition to DLTR “staples,” namely adding more cooler doors (550 in '13; ~63% of chain equipped by YE) and its wide assortment flexibility (>50% of SKUs rotate each year), the Tree is developing more productive planograms and expanding assortments in key areas, such as candy, stationary, and party. DLTR is particularly focused on the check-out experience, adding new impulse racks and deepening product assortments in this area by 40%."Dollar closed on Wednesday at $48.12
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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