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.
Wal-Mart Stores, Inc. (NYSE: WMT) had a rocky 2015, on a steady, downhill slide. That slide comes in at a 23.75 percent decline for the last one-year, during which Wal-Mart saw a 52-week low of $56.30.
Year-to-date, the picture has been less negative, but still quite ugly, with the stock seeing an overall increase of 6.87 percent.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
With talks of massive store closures in LatAm against the backdrop of the stock's volatile movements as late, it's of little surprise that Wal-Mart is also suffering in other countries.
'Could The UK Be Less Sacred For WMT?'
In a Morgan Stanley research note out Tuesday, analysts Simeon Gutman and Joshua Siber outline how what once was deemed a "sacred" landscape for Wal-Mart may be experiencing some retail-related sacrilege.
According to the analysts, "The UK, China, Mexico and Canada are regarded as WMT's most important international markets. With Asda's recent struggles in the UK, and an increasingly complex global retail landscape, perhaps no geography should be sacred."
The report continued, laying out the difficulties Wal-Mart's UK supermarket chain, Asda, has experienced as of late.
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Concerns Abound
Ratings And Justification
Citing the juxtaposition of UK being one of "WMT's more important international markets," at an estimated 28 percent sales and 7 percent total sales, with the acknowledged "difficulty of managing a global enterprise in a challenging and rapidly evolving retail environment," Morgan Stanley has an Equal-Weight rating on Wal-Mart with an attached $65 price target.
At the time of this writing, Wal-Mart was trading down 3 percent on the day at $64.89.27% 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.