The value of Shake Shack Inc. (NYSE: SHAK) shares are down just over 1 percent year-to-date, and the Vetr community is bearish on the company's outlook. This is evidenced by the community’s downgrade of Shake Shack from 3 to 2.5 stars.
See how crowd sourced ratings can help you time the market?
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.
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!
The company, which is is trading just over $39.00, has also been given a sell rating and a $37.50 price target from Vetr members. This price target is slightly more bearish than the $39.41 price target given by professional analysts.
About 43 percent of Vetr raters are currently bullish on Shake Shack.
See Vetr’s full analysis on Shake Shack here.
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.