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.
Shares of Hershey Co (NYSE: HSY) have gained more than 31.1 percent over the past six months. However, the Vetr crowd seems to believe there is still some room for upside, as evidenced by its average price target of $114.32, which implies a potential return of more than 4.5 percent.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Hershey’s stock, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.
It should be noted that, 60 percent of the crowd’s ratings are bearish at the time, implying that the bulls are particularly optimistic on this stock.
Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.
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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