The Vetr crowd on Thursday downgraded their rating for Under Armour Inc (NYSE:UAA) from 4.5 stars (Strong Buy), issued 111 days ago, to 4 stars (Buy). At the time of the downgrade, crowd sentiment for Under Armour was generally positive, with 60 percent of Vetr user ratings bullish.
Under Armour has been on a healthy uptrend, gaining 10 percent in value over the past seven trading days. The stock is still hovering around lows it hasn't seen since 2009.
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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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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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Currently, the Vetr crowd's average target price for Under Armour was up at $22.39, which is still below the average analyst target price of $29.52. Less than 2 percent of Vetr users are holding UAA in their watch lists.