July 9, 2013 11:37 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.
In a report published Tuesday, Credit Suisse analyst Christian Buss reiterated a Neutral rating on
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.
(NASDAQ: FIVE), and raised the price target from $37.00 to $43.00.In the report, Credit Suisse noted, “Five Below's impressive comp performance (28 consecutive quarters of positive comps) is highly dependent on the company's ability to merchandise its stores with the right product. We view merchandising and assortment planning as core to FIVE's success and part of its competitive advantage over potential rivals, with comp levels well above the typical dollar store (peak comps in mid-20s). Despite its competitive positioning and favorable growth profile, valuation is our holdback (42x FY14 P/E), and we maintain our Neutral rating. We are raising our target price to $43 (from $37.).”Five Below closed on Monday at $36.28.
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