August 8, 2014 10:16 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 note released earlier today, Noble Financial analyst, Michael Petusky downgraded shares of Hanger, Inc. (NYSE: HGR) from Buy to Hold.Petusky said the company reported "very disappointing" results for the second quarter, noting an adjusted EPS of $0.40 compared to the firm's $0.57 estimate and a $0.53 estimate.In addition to the EPS miss, Hanger also slashed its 2014 EPS and revenue guidance from $2.01-2.11 and $1.10 - 1.12 billion to $1.60-1.70 and $1.06-1.08 billion."The outlook provided by management for the remainder of the year does not really include a path that will drive positive sales comps in the near future; cost-cutting, while helpful, will not overcome negative sales comps," Petusky said.
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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