October 16, 2014 9:45 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 Adam Sindler initiated coverage 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: RH) with a Buy rating and $90.00 price target.In the report, Deutsche Bank noted, “We see significant potential in shares of RH as the company from a lower-scale mall operator to a best-in-class operator of larger design galleries. We expect this transformation to drive revenue growth in the 20% range and EPS growth in the 25% - 30% range over the next several years. We like RH for several reasons: 1) RH is in the very early innings of this real estate transformation, 2) RH has a relatively low market share in a healthy category, 3) current business is already completely direct / e-comm, so we see little impact to the P&L, and 4) we see potential room for upside in revenue guidance at the new stores. We also believe RH has one of the better management teams in our space.”Restoration Hardware Holdings closed on Wednesday at $74.98.
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