November 20, 2014 4:22 PM | 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.
Keurig Green Mountain Inc (NASDAQ: GMCR) fell sharply Thursday on disappointing guidance and news that its chief financial officer will resign. But an analyst said the company is on track with long-term goals.The Waterbury, Vt.-based coffee machine maker's shares fell more than 7 percent Thursday to $142.64.Keybanc's Akshay S. Jagdale reiterated a Buy rating and $175 target Thursday and said lower than expected guidance was due "mainly to conservatism."Jagdale said the company is seeing success with a campaign to license popular brands of coffee for the so-called pods used by its proprietary, single-cup machines.A plan to launch a home-use, carbonated beverage dispenser to compete with Sodastream International Ltd. (NASDAQ: SODA) appears on track for the autumn of 2015, Jagdale said.Late Wednesday, the company predicted profits of $0.83 to $0.88 cents a share for the first quarter, versus Wall Street's expectation of $0.96 cents.Fourth-quarter net income rose 11 percent to $148.8 million, or $0.90 a share, versus Wall Street's expectation of $0.77 cents. Sales grew 14 percent to $1.2 billion.The company also said its Chief Financial Officer Frances Rathke, 53, will resign in 2015 after 11 years in the role.
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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