Benzinga's Top Initiations


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.


Analysts at Citigroup initiated initiated coverage on J C Penney Company Inc (NYSE: JCP) with a Sell rating. The target price for J C Penney is set to $7. J C Penney shares closed at $9.79 on Tuesday. Citigroup James initiated coverage on TJX Companies Inc (NYSE: TJX) with a Buy rating. The target price for TJX is set to $88. TJX shares closed at $70.77 on Tuesday. Analysts at Citigroup initiated coverage on Lululemon Athletica inc. (NASDAQ: LULU) with a Buy rating. The target price for Lululemon Athletica is set to $69. Lululemon Athletica shares closed at $51.74 on Tuesday.Citigroup initiated coverage of Nordstrom, Inc. (NYSE: JWN) with a Buy rating. The target price for Nordstrom is set to $92. Nordstrom shares closed at $73.26 on Tuesday.Analysts at Citigroup initiated coverage of Michael Kors Holdings Ltd (NYSE: KORS) with a Sell rating. The target price for Michael Kors is set to $38. Michael Kors shares closed at $43.35 on Tuesday.

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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