August 28, 2014 9:08 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, Deutsche Bank analyst Bill Schmitz Jr. 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: BF.B) from Buy to Hold, but reiterated the $99.00 priced target.In the report, Deutsche Bank noted, “Iconic Jack Daniels brand remains the undisputed leader in the secularly advantaged American whiskey category, with clear international expansion opportunities, especially in developing markets. However, it seems the cat is largely out of the bag and shares are pricing in high single digit organic growth and double digit EPS growth going forward, with stock fairly valued relative to growth prospects, even if organic growth accelerates from here. Clear risk to the upside is a bigger strategic acquisition or corporate sale, but entrenched and patient family ownership makes the latter less likely. Downgrading to Hold, maintaining $99 price target.”Brown-Forman closed on Wednesday at $92.05.
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