January 18, 2012 6:41 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.
Wunderlich Securities maintains its Hold rating and $13 price target on BancorpSouth (NYSE: BXS) as 4Q11 results are in line and the company offers a $100 million equity offering. Wunderlich Securities says, "We maintain our Hold rating on BancorpSouth shares (BXS) as well as our $13 price target after the company reported 4Q11 operating EPS of $0.16, in line with our estimate and $0.02 ahead of consensus. Credit quality improved for the third consecutive quarter as 30- to 89-day past due loans fell sequentially and NPLs were at a six-quarter low. The company also announced a $100 million secondary offering to shore up capital levels. We continue to be encouraged by the progress seen over the past few quarters, but we remain on the sidelines as we await a more evident trend in credit quality over the next few quarters."BXS closed at $12.19 per share on Tuesday.
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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