September 25, 2013 11:31 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 Wednesday, Goldman Sachs analyst Stephen Grambling upgraded the rating on
Ross Stores (NASDAQ: ROST) from Buy to Conviction List-Buy, and reiterated the $83.00 price target.In the report, Goldman Sachs noted, “We add ROST to our Conviction List with 16% upside to our $83, 12-month price target. We continue to view ROST as a long-term disruptor and compounder with an EPS growth algorithm of 15%+ consisting of LSD-MSD comp growth, MSD square footage growth, operating margin expansion, and share buyback. Additionally, ROST has a strong sustainable free cash flow yield at 7.4%, which can be re-deployed into high-returning store openings for the next decade as the company grows from 1,253 stores to over 2,200 stores nationwide based on our proprietary saturation analysis.”Ross Stores closed on Tuesday at $71.61.
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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