December 13, 2011 7:44 AM | 1 min read |
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.
Credit Suisse raised its rating on Walter Investment Management (NYSE: WAC) to Outperform from Neutral and moves its price target to $28 from $22 per share to reflect increased confidence in growth and profitability.Credit Suisse says, “Walter is positioned to continue to benefit from the current mortgage servicing environment and grow its servicing balances. Industry account transfers could more than double in 2012 and should remain elevated for several years. The subservicing portion of this opportunity should provide enough accounts for Walter to achieve our estimates. We also have increased confidence that management will be able to tackle the MSR market while maintaining its capital light model.” WAC closed at 21.59 per share on Monday.
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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