UPDATE: BTIG Research Initiates Coverage On Coty Nearing Inflection Point - Coty (NYSE:COTY)

27% profits every 20 days?

This is what Nic Chahine averages with his options 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 Wednesday, BTIG Research analyst April Scee initiated coverage on Coty (NYSE: COTY) with a Buy rating and $23.00 price target.In the report, BTIG Research noted, “Nail inflecting & Fragrance should inflect next 12-18mo, aided by launches and Avon relationship. We assume Dec-Q/1H15 remains soft; however, in 2H15, we see top-line growth return, aided by aggressive innovation, increased marketing & continued EM expansion. Further, we're likely to see meaningful M&A and/or efficiency benefits next 12 months, giving sufficient support to buy at current levels. Initiate with Buy/$23 tgt.”Coty closed on Tuesday at $19.13.

27% profits every 20 days?

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