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.
The Vetr crowd on Friday upgraded their rating for FedEx Corporation (NYSE:FDX) from 3 stars (Hold), issued 28 days ago, to 3.5 stars (Buy). Crowd sentiment at the time of the upgrade was generally positive, with 70 percent of Vetr user ratings bullish.
FedEx delivered its Q3 earnings at the start of the week, which showed the company missed the EPS estimate by $0.33 and fell short of the revenue estimate by $3,000.
The morning after the release, shares spiked to $196.75. However, the stock has since corrected below the $188.
Learn how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average target price for FedEx is up at $200.44, which is below the average analyst target price of $204.74. Less than 2 percent of Vetr users are holding FDX in their watch lists.
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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