December 10, 2014 8:29 AM | 1 min read
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, Mizuho Securities analyst Betty Chen reiterated a Neutral rating and $40.00 price target on
Lululemon Athletica (NASDAQ: LULU).In the report, Mizuho Securities noted, “We anticipate solid 3Q results (potential for slight beat from SG&A) and guidance and note ~+20% share appreciation since 2Q results likely reflects expectations for a potential beat/raise. Although we are encouraged by efforts to improve product designs and product flow, checks suggest the continuation of sluggish consumer spending amidst rising competition may have hampered meaningful sales acceleration during the quarter and early 4Q. Moreover, we remain concerned with the plans to invest behind lower margin seasonal goods (potential for markdown liability) as improved supply chain efficiencies may not offset margin declines until FY16.”Lululemon Athletica closed on Tuesday at $47.73.
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.
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