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 note out Wednesday, Bank of America likes Dicks Sporting Goods Inc (NYSE: DKS) and Nike Inc (NYSE: NKE) as the top athletic picks.
Analyst Robert F. Ohmes states:
"We believe Dick's Sporting Goods remains an important tenant for key REITs (including Simon Properties), which should support the company's store growth outlook (6-7%). Dick's Sporting Goods appeared unpromotional in key seasonal categories including Nike apparel and North Face and Columbia. Nike stood out as well positioned and relatively unpromotional in footwear and apparel in all channels (Macy's, Dick's Sporting Goods, Foot Locker and Finish Line)."
Bank of America has a Buy rating on Nike with a $110 price target (closed at $97.03, implying 13.37 percent upside) and has a Buy rating on Dicks Sporting Goods with a $60 price target (closed at $47.85, implying a 25.39 percent upside).
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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