February 9, 2015 8:28 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 Monday, Stifel analyst John Baugh reiterated a Buy rating on
Aaron's (NYSE: AAN), and raised the price target from $31.00 to $38.00.In the report, Stifel noted, "Following Aaron's conference call and earnings release, we are still positive on the stock and maintain our thesis that Progressive will continue to provide strong growth, near-term Core cost cuts will help offset earnings declines due to top line weakness, and new CEO John Robinson will be a positive catalyst to the Core business. The guidance that the company gave for 2015 has the core earnings essentially flat to 2014 with help from cost cutting offset by a negative comp trend that will be in the -1-4% range."Aaron's closed on Friday at $32.20.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.