October 3, 2014 10:34 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 Friday, Bank of America analyst Robert M. Willoughby reiterated a Neutral rating and $64.00 price target 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: WAG).In the report, Bank of America noted, “WAG's same store sales in September (+7.9%) topped a +5.3% consensus view on stronger pharmacy (+11.3% vs. +7.7%) and front-end (+1.7% vs. +1.1%) results. Adjusted for calendar day shifts and a modest cold/flu shot benefit, same store prescriptions increased +3.4%, following a +3.2% trend in August and a +4.3% trend in July. Its absolute sales metric for the month ($6.48 billion) suggests it is on track to top our 1Q15 revenue forecast, and we have adjusted our model accordingly. However, we maintain our EPS estimates on ongoing profitability concerns.”Walgreen Company closed on Thursday at $59.76.
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