December 19, 2014 9:35 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.
Bob McAdoo of Imperial Capital upgraded shares of
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: RYAAY) on Friday to Outperform from In-Line with a price target raised to $85 from a previous $60.“New passenger initiatives aimed at families and business travelers, coupled with a structural shift to more primary airports, should allow the company to improve aircraft usage during the off-peak season,” McAdoo wrote in a note. The analyst adds that these changes will result in “meaningful” earnings growth in fiscal 2015 and fiscal 2016.McAdoo notes that the company has already benefited from its new initiates during its September quarter where earnings per share rose 16 percent from a year ago. The analyst also adds that the initiatives prompted the company to raise its traffic and profit guidance.Bottom line, McAdoo believes the company should be able to attract “more substantial traffic” on a year round basis.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.