March 13, 2014 10:32 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 Thursday, Morgan Stanley analyst Jay Sole downgraded the 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: PVH) from Overweight to Equal-Weight.In the report, Morgan Stanley noted, “We think a new key debate is how the weak sales, low traffic environment will affect PVH. 47% of its business is done in discount channels where pricing pressure is greatest. Plus, PVH lacks a strong online presence and the omni-channel capabilities others are using to offset weak traffic. Thus, we expect PVH is relatively more affected by the emerging environment than peers are. We now forecast margins flat or falling in 69% of PVH's business. Even in better channels, such as Macy's, we think PVH will feel price pressures.”PVH closed on Wednesday at $122.04.
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