March 21, 2012 7:26 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.
According to a research report published earlier today, Bank of America has initiated Armour Residential REIT, Inc. (NYSE: ARR) with a Buy rating and $7 PT.In the report, Bank of America explained, “ARR is a mortgage REIT that invests exclusively in residential agency MBS. We forecast ARR will generate a 17% dividend yield in 2012. Valuation should rise to around 1.05x BV, in our view, suggesting modest upside potential. Investors could earn a 22% total return over the next 12 months, 17% from dividends plus 5% from share price improvement, based on our dividend forecast and price objective. The primary risks to our forecast include: changes in interest rates, rising prepayments, execution risk, liquidity risk and adverse changes in regulatory policies.”Armour Residential closed yesterday at $6.63.
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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