UPDATE: Wedbush Upgrades Exide Technologies to Neutral - FT Vest U.S. Equity Buffer & Premium Income ETF - December (BATS:XIDE)

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.

Wedbush is out with its report today on Exide Technologies (NASDAQ: XIDE), upgrading XIDE to Neutral from Underperform.In its report, Wedbush writes, "Upgrading Exide to NEUTRAL from UNDERPERFORM on valuation. Shares ofExide are trading below book value of $5.11 and we see limited downside to current levels. While our estimates are well below consensus and guidance, we expect Exide to report a profitable FY12, and believe the company unlikely to report losses in FY13 without significant deterioration below our more cautious view."Wedbush lowers its PT to $6 from $7.Shares of XIDE closed Wednesday at $4.75.

27% profits every 20 days?

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