March 26, 2015 8:21 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, Wunderlich Securities analyst Eric Beder reiterated a Buy rating and $125.00 price target 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: PVH).In the report, Wunderlich Securities noted, "We are reiterating our Buy rating and $125 price target on PVH Corp. (PVH) while lowering our FY16E EPS to $6.80 and FY17E EPS to $8.24 after the company reported solid fiscal 4Q15 EPS upside but missed on revenue due to prevalent foreign currency headwinds and initiated 1Q and FY16 guidance materially below the Street, driven entirely by FX. While the Calvin Klein and Tommy Hilfiger brands experienced MSD% and HSD% constant currency revenue growth, respectively, FX issues obscured 4Q progress and should blot out any upside in FY16."As such, we expect FY16 to be another year of investors waiting for the promise of Tommy and Calvin to drive solid upside; that said, we believe the risk/reward in the name remains positive."PVH closed on Wednesday at $104.03.
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