February 12, 2014 10:07 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, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating on
Dean Foods Co. (NYSE: DF), but lowered the price target from $19.00 to $15.00.In the report, Morgan Stanley noted, “While we had recently grown more cautious on the 2014 outlook, DF provided initial guidance far below our expectations, calling for EPS of $0.73-0.86 (vs. consensus $1.13) and EBITDA of $335-355 MM (down ~10-15%). Key headwinds facing the company during the coming year include Class I milk prices at all-time highs, continued volume declines in 1H, a weak US consumer (SNAP cuts), and a $30 MM step up in incentive compensation.”Dead Foods Co. closed on Tuesday at $14.08.
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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