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.
Schmitz has raised the price targets of Colgate-Palmolive Company (NYSE: CL) by $2 to $75; Clorox Co (NYSE: CLX) by $4 to $134; International Flavors & Fragrances Inc (NYSE: IFF) by $6 to $130; Kimberly Clark Corp (NYSE: KMB) by $2 to $132; Nu Skin Enterprises, Inc. (NYSE: NUS) by $10 to $55 and Procter & Gamble Co (NYSE: PG) by $7 to $92.
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Among these, the targets of Kimberly Clark, International Flavors & Fragrances and Clorox are below the current trading prices of $133.68, $133.92 and $135.35, respectively.
The analyst has a Hold rating on Colgate-Palmolive, Clorox, International Flavors & Fragrances and Kimberly Clark, while he remains Buy-rated on Nu Skin and P&G.
"As many appreciate but have been well-served ignoring in recent quarters, consumer staples have outperformed the market and more discretionary consumer sectors year to date, over the last year and over the last 3 years," Schmitz highlighted.
The analyst sees a path to earnings upside after a barrage of negative revisions at the big multinationals as 1) macro bottoms, 2) currency volatility (outside the pound) eases and 3) commodity costs stabilize.
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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.