Keefe, Bruyette & Woods Downgrades Viewpoint Financial To Market Perform

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.

According to Keefe, Bruyette & Woods, Viewpoint Financial (NASDAQ: VPFG) recently applied to convert the bank's charter to a national bank charter from a thrift charter.Keefe, Bruyette & Woods said that it believes these changes are due to the evolving commercial banking strategy and it believes the previous OTS restrictions regarding buybacks and the sale of the company will remain in place. “Unrelated to the potential charter change, we are also downgrading the shares to MP due to valuation.”Viewpoint Financial closed yesterday at $13.17.

27% profit every 20 days?

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