November 6, 2014 9:03 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, Bank of America analyst Rafe Jadrosich reiterated an Underperform rating 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.
(NASDAQ: SKUL), and raised the price target from $6.00 to $7.00.In the report, Bank of America noted, “While SKUL management has significantly improved its distribution strategy and product development, we believe the Skullcandy brand remains in transition it as repositions from an action sports brand to a broader lifestyle company. Importantly, google searches for ‘Skullcandy' indicate trends in 3Q and 4Q-to-date period decelerated sequentially from year-to-date 2014 trends. We expect gross margin % will remain under pressure (although gross profit $ could rise) given a mix shift toward lower margin product as SKUL adds more innovation (and cost) to its product while targeting a
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