February 5, 2016 11:26 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.
Many investors hold bullish views towards airline stocks, particularly as expectations are high that low fuel costs can help boost margins. However, Vetr top raters downgraded 2 airline names recently.
Virgin America Downgraded To 4-StarsVetr top raters downgraded Virgin America Inc (NASDAQ: VA)'s stock rating to 4-stars out of a possible 5-stars. In fact, shares of Virgin America have fallen to $31.51 since the prior rating of 4.5-stars was issued just 3 days ago.Despite a downgrade, Virgin America's stock rating remains in bullish territory and 87 percent of the crowd's ratings are bullish. In addition, the crowd sourced price target of $34.70 implies a potential upside of more than 14 percent.Related link: Here's how crowdsourced ratings can beat the market.
Spirit Airlines Downgraded To 4-StarsVetr top raters have also downgraded Spirit Airlines Incorporated (NASDAQ: SAVE)'s stock to 4-stars out of a possible 5-stars.Shares of Spirit Airlines have risen to $45.40 since the prior rating of 4.5-stars was issued 171 days ago.Despite a downgrade, 85 percent of the crowd's ratings remain bullish and the crowd sourced price target of $50.26 implies a potential upside of more than 11 percent.
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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