Under Armor Inc, L Brands Inc Moving In Opposite Directions Following Piper Jaffray Rating Changes


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.


Earlier Wednesday morning, Piper Jaffray upgrades shares of Under Armor Inc (NYSE: UA) from Neutral to Overweight and downgraded shares of L Brands Inc (NYSE: LB) from Overweight to Neutral.


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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Following the rating changes, Under Armor's shares have risen ~0.66 percent, while shares of L Brands have fallen ~0.44 percent.

Looking at Under Armor, analyst Erinn Murphy said the company has potential for "significant market shares gains" and could more than double its market cap.

Posted In: Analyst ColorUpgradesDowngradesPrice TargetAnalyst RatingsErinn MurphyPiper Jaffray