February 19, 2015 9:39 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 Thursday, Wedbush Securities analyst Michael Pachter reiterated a Neutral rating 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.
(NYSE: CNK), and raised the price target from $36.00 to $40.00.In the report, Wedbush Securities noted, "We continue to like Cinemark given its international growth prospects, but believe the slow pace of growth in Latin America limits the share price upside from current levels. While there may be room for increased EBITDA generation, profitability will be pressured due to the mix shift toward international revenue over the long-term. Cinemark's international segment has consistently provided a cushion to earnings in quarters where domestic results fall short of expectations, providing a natural hedge. Longer-term, premium video-on-demand has the potential to negatively impact theatre admissions revenues."Cinemark closed on Wednesday at $41.20.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.