November 27, 2013 8:50 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 Wednesday, Citigroup analyst Kate McShane reiterated a Buy 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.
(NYSE: DSW), and raised the price target from $51.00 to $52.00.In the report, Citigroup noted, “While DSW reduced FY14 comp guidance to ~flat, we see potential for Q4 comp improvement for 3 key reasons: 1) Q3 comps were negatively impacted by the govt shutdown & extended warm weather, similar to other retailers, but trends improved in the last 2 weeks of the qtr when weather got colder; 2) Guidance implies a ~-LSD–flat comp decline in Q4 which appears conservative based on +MSD conversion trends and weather imprvmt; & 3) DSW has the ability to chase up to a +MSD comp.”DSW closed on Tuesday at $44.95.
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