27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
The Grand Opening
Based on discussions with sources at each of its covered exhibitor names and the screen count, Loop Capital Markets said in note released on Wednesday that it expects the film to have a $85 million opening. The firm models domestic cumulative audience, or cume, of $250 million and global cume of $550 million.
Neither Sequel Nor Prequel
Though referred to as Harry Potter 9 by Wall Street, analyst David Miller said "Fantastic Beasts and Where to Find Them" is neither a sequel or prequel to the Harry Potter film series but is set in the world of Harry Potter and is dated 70 years before the Harry Potter story starts.
Potter Mania On
The firm noted strong Harry Potter mania, going by attendance figures released by Comcast Corporation (NASDAQ: CMCSA) for the Harry Potter theme park on both U.S. coasts. In the U.K. too, Harry Potter mania has reached feverish pitch, going by the enormous public response for the two-part stage play, Harry Potter and the Cursed Child, the firm noted.
Skepticism Rules Over Deal
Loop Capital Markets highlighted investor skepticism over Time Warner's deal to be acquired by AT&T Inc. (NYSE: T), as the shares of the former still trade around in the mid-to-high-$80s, off the deal price of $107.50.
The firm also noted abounding skepticism over the deal clearing the regulatory hurdle, especially the FCC and the Department of Justice. That said, given the lack of precedence for rejection of a vertical merger in the media space and that the deal is not eliminating competition, the firm is of the view that the thick arbitration spread for the vertical merger is unprecedented.
Time Warner Stands Out Among Peers
The firm noted that Time Warner is the only large-cap bellwether media name providing visibility to core earnings through 2018. This visibility, according to the firm, differentiates the company versus its peers despite the many cross-currents in the markets.
As such, Loop Capital Markets retained its Buy rating and a $107.50 price target on Time Warner, in line with the deal price.
At the time of writing, shares of Time Warner were up 0.02 percent at $88.69. Image Credit: "Ukrainian Ironbelly at Diagon Alley" By osseous from Oakland Park, U.S.A. (October 25, 2014) [CC BY 2.0], via Wikimedia Commons
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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