October 15, 2014 11:06 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.
This Morning, Oppenheimer came out with their 32 best ideas, broken down by sector. Here are their best ideas in Consumer & Business ServicesGlobal Payments (NYSE: GPN): We are attracted to GPN's business model, characterized by high recurring revenue, long-term contracts and relatively predictable earnings/free cash flow. Landstar System (NASDAQ: LSTR): With the company differentiated by industrial end-market exposure, we anticipate operating margin to expand through the high-40s over the coming years. SONIC (NASADAQ:SONC): A powerful wave of self-help drivers and an exclusive 7% free cash flow yield are foundation of our bullish stance.Home Depot (NYSE: HD): We view HD as well positioned to capitalize upon improving demand trends in the home improvement sector and over time surprise investors with solid and persistent comp and EPS upside. Abercrombie & Fitch (NYSE: ANF): ANF still has a strong balance sheet and generates healthy cash flow, and we like the changes the company is making, including targeted SG&A expense cuts ($175M-plus).The Kroger Co. (NYSE: KR): KR's strategy has clearly begun to resonate, with results outpacing other publicly-traded grocers' and the overall supermarket category data lately.
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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