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.
Under Armour Inc (NYSE: UA) is scheduled to report its first quarter financial results next Tuesday, before market open, and analysts at Stifel provide some thoughts ahead of the call.
According to a report rolled out Wednesday, the firm expects the first quarter results to reflect the company’s ongoing fundamental strength. They anticipate solid results to be driven by core apparel, footwear and international segments, even in spite of “modest incremental headwinds from FX.” Their projections point towards “a double digit percentage point contribution to growth” from footwear and international segments, in the first quarter and through 2017.
Stifel expects EPS of $0.07 for the first quarter, and EPS of $1.15 for the full year – on revenue of $3.8 billion. For 2016, their earnings projection stands at $1.47 per share, on revenue of $4.66 billion. “Despite modest incremental FX headwinds since guidance was last provided on Feb. 4,” the analysts see “potential for improved 2H order visibility to support modestly more optimistic FY15 guidance.”
The firm reiterated a Buy rating and raised its price target on the stock, from $85 to $94. Shares are trading up 1.5 percent on Thursday afternoon.
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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