Shares of Whole Foods Market, Inc. (NASDAQ: WFM) have been volatile this year, down 8.3 since January. Volatility has lingered over the past month as well.
However, the Vetr crowd seems to believe shares of Whole Foods are ripe for a rebound, as evidenced by its average price target of $31.97. This target implies a potential return of roughly 3.65 percent from current valuations.
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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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 shares of Whole Foods on Tuesday, from 3.0 (Hold) to 3.5 stars (Buy) — out of a possible five-star rating.
It should be noted, however, that 86 percent of the crowd’s ratings are bullish, meaning that the crowd thinks the room for upside is limited.
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.