December 2, 2014 9:59 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 Tuesday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $32.00 price target 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: SALE).In the report, Wunderlich Securities noted, “Multiple industry reports have indicated that online sales grew 20-30% Y/Y for the Thanksgiving and Black Friday weekend, with mobile devices accounting for around one-fourth of total transactions, which should translate to a strong start to RetailMeNot, Inc.'s (SALE) strongest four week period of the year. The growth in online and mobile sales is contrasted by a slight decline in in-store retail sales, which is still a small portion of revenues. While we don't expect mobile monetization to improve dramatically above 20% of the desktop monetization in Q4, we believe early industry data has increased confidence for RetailMeNot to report mobile traffic and revenues in-line with our estimate, up 118% and 134% Y/Y, and possibly even better desktop traffic than our estimate of flat Y/Y.”RetailMeNot closed on Monday at $14.34.
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