September 15, 2014 11:19 AM | 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 report published Monday, KeyBanc Capital Markets analyst Christopher O'Cull upgraded the rating on
Chuy's Holdings Inc (NASDAQ: CHUY) from Hold to Buy, and reiterated the $34.00 price target.In the report, KeyBanc Capital Markets noted, “We upgrade CHUY from Hold to BUY ($34PT) based upon our greater confidence in the Co.'s earnings visibility following our proprietary checks around menu pricing, which was recently increased by ~2%. With the issue around new-store profitability likely built into shares following recent underperformance and, moreover, equally likely to fade as a concern, given the probable improvements in 3Q-4Q, we view current valuation as offering a compelling entry point into a higher-growth restaurant concept.”Chuy's Holdings closed on Friday at $28.75.
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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