June 9, 2014 3:53 PM | 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 research note released Monday, Oppenheimer analyst Anna Andreeva Upgraded its Outperform position on L Brands, Inc. (NYSE: LB) to Market Perform. In addition, the analyst raised the price target from $46 to $56. The analyst primarily upgraded the stock on the basis of international growth and market-leading opportunities domestically in the United States. She stated that L Brands is out-comping most retailers as the retailer posted comps of two percent in the first quarter of 2014; the retailer also has healthy margins. The analyst continued by saying that these are some key points that are driving the increase in the price target. Additionally, international growth is again a major driver, market share and domestic EBIT margin levels holding. Shares of the company are down one percent Monday, and are down five percent year-to-date.
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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