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.
Wall Street analysts loved Nike Inc's (NYSE: NKE) earnings yesterday – from the EPS beat to the company's management of foreign exchange headwinds. Morgan Stanley said "Nike is our top OW idea," while Citi hiked its price target on the stock to $120 from $111.
At Deutsche Bank, analysts noted that the company has "stable revenues and improving margins," making the firm comfortable with the stock's 25 percent appreciation over the past 12 months.
Barclays appeared to take the most measured view of the analysts out with notes today. The firm warned that it was decreasing FY15 EPS by $0.05 to $3.55. Simultaneously, however, it raised FY16 EPS estimates to make up for this decline. The analysts also noted that they were impressed by growth in North America, which demonstrate that the company's "product innovation remains exceptional."
Nike is indicated more than 5 percent higher in premarket trading. The stock recently traded at $103.50.
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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