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!
UBS's Michael Binetti maintains a Neutral rating on
Kohl's stock with an unchanged $44 price target as the company's earnings report did contain some less-than-stellar metrics.Justification For Staying Sidelined
Perhaps most notable, Kohl's 2.7 percent same-store sales decline implies total transactions continued to fall by a mid-single-digit percentage point year-over-year. Also, the reported same-store sale metric was short of the analyst's own expectations of a 1.5-percent decline, even worse than the consensus estimate that called for a 1.2-percent decline.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
While bulls will describe Kohl's as a solid free cash flow yield story, the analyst noted operating cash flow in the quarter was just $46 million versus $146 million in the same quarter a year ago.
Bottom line, the analyst is mixed on improving same-store sales trends after the first quarter and there is currently "little reason" for any positive earnings per share revisions in at least the near term.
Related Links:Big Retail Earnings On Display, Starting With Macy's As Season Winds DownChecking In On Brick And Mortar Retail With Macy's Earnings_________Image Credit: By MB298 (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons27% 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.