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.
Deckers Outdoor Corp (NYSE: DECK) will report its fourth quarter financial results after the market closes on Thursday and, according to Estimize, it is expected to deliver considerable year-over-year growth, especially on the earnings front.
In the same quarter last year, the company posted a net loss of ($0.08) per share on revenue of $294.7 million.
For the current quarter, Wall Street analysts are modeling a consensus net loss of ($0.01) per share on revenue of $320.37 million, while the crowd is projecting consensus earnings of $0.03 per share on revenue of $323.16 million.
A second chart shows the evolution of sentiment over time. As it can be seen, both the Street and the crowd have become less confident on the results as the date of their announcement loomed.
What Analysts Are Saying
In a recent report, analysts at Wunderlich reiterated their Buy rating and $89 price target on Deckers.
According to a Benzinga article, “The stronger dollar is likely to have impacted the company's 4QFY15 earnings. The FX headwinds are likely to have offset the increased traction in several of Deckers' businesses.”
"Deckers remains focused on diversifying the overall branded portfolio, optimizing operating and planning systems, and leveraging omnichannel investments as it tailors its shopping experience to the new demands and shopping behaviors of the consumer," Wunderlich explains.
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.
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