April 22, 2015 11:56 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.
Cowen and Company on Wednesday issued an update 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: PEP) ahead of the company's earnings results set to be released on Thursday. Cowen and Company rate PepsiCo as Outperform with a $110 price target.Analysts Vivien Azer and Gerald Pascarelli wrote, "As the leading snack and liquid refreshment beverage company, the company has a vast portfolio of leading brands creating a diversified global business model. Though we believe management has about a year to improve the company's performance, the potential split of beverages and food provides accretive opportunities towards our target price… For 1Q15, we expect PEP to deliver EPS of $0.76 (-7.8 percent), 3 cents below consensus….We are modeling local currency operating income to increase 1.8 percent (as PEP faces their toughest comp of the year in 1Q15), while pro forma operating income is expected to decline by 5.4 percent, reflecting an f/x headwind of 7.2 percent."One of the major challenges facing PepsiCo is declining consumption amid concerns over health problems from sugar and artificial sweeteners. This has caused a decrease in demand in the U.S. for its products. Positively, PepsiCo has gained market share in Europe over the past two months and has outperformed the non-alcoholic beverage category.Cowen and Company is interested in hearing what PepsiCo's management has to say regarding the increasing value of the Russian ruble relative to the U.S. dollar and how it will affect demand for its products. Shares of PepsiCo were trading at $97.30, up 0.54 percent.
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