March 23, 2015 8:11 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 Monday, Wunderlich Securities analyst Eric Beder reiterated a Buy 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.
(NASDAQ: GIII), and raised the price target from $105.00 to $124.00.In the report, Wunderlich Securities noted, "We are raising our price target to $124 (from $105), rolling out quarterly projections for our above-consensus FY16E EPS of $5.25 and introducing FY17E EPS of $6.21 (up 18% YoY) with G-III (GIII) reporting 4Q results before the open on Tuesday. We believe, with a strong outerwear season, domestic share gains for Calvin Klein, and the first full year of complete ownership for G.H. Bass, G-III is among the best apparel plays in our universe and fully worthy of a premium multiple. Further, we continue to believe G-III is well positioned for a material accretive acquisition that will take it to the next step in terms of investor recognition and returns. As such, we reiterate our Buy rating on GIII and view our PT increase (which maintains our previous target P/E multiple) as well deserved."G-III Apparel Group closed on Friday at $111.89.
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