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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
- Wal-Mart - Price target raised from $87 to $92 - Binder said, “Our 1-year $92 PT is based on WMT selling at about 15.5x our FY16 (Jan16) EPS estimate of $5.91. WMT shares look attractively priced relative to consumer staples companies which are getting valuations in the mid to high teens. Nonetheless, we think that the market could respond favorably to a potential modification of the international unit growth profile, which we think could be coming at some point this year, so we are maintaining our Buy rating."
- Home Depot - Target lowered from $94 to $90 - “Our $90 price target on HD shares is based on shares the selling at about 20x our FY15 estimate of $4.50," according to Binder. "Lenders are easing and FannieMae and Freddie Mac just announced they will shift their focus toward making more credit available to homeowners. In other words, we could be experiencing a mid-cycle slowdown, but there may be another leg up in housing as the Economy continues to recover and supply improves."
- Lowe's – Target raised from $44 to $45 - Binder went on to say, “Many of the reasons outlined in our discussion of Home Depot, As we noted above, our fieldwork on many of the companies we cover showed evidence of improvement in April, but we do not think that Lowe's experienced this, possibly due to the tough comparisons it faced a year ago. We also think LOW will show softer growth than HD and there is a possibility that the comp store sales gap widened slightly”
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.