UPDATE: Stifel Nicolaus Downgrades Armstrong World Industries to Hold


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.


Stifel Nicolaus lowers its rating to Hold on Armstrong World Industries (NYSE: AWI) as it believes shares are fully valued. Stifel Nicolaus says, "We are downgrading the shares of Armstrong World from a Buy to a Hold as the stock has appreciated 71% since October 3, 2011, when the homebuilding stocks began to move aggressively upwards. The stock has had a recent spike of 7.7% in the past week as the company announced its Board of Directors is considering another one-time dividend of $8.55 per share to be paid sometime in May 2012."AWI closed at $57.19 a 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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Posted In: Analyst ColorDowngradesPrice TargetIntraday UpdateAnalyst RatingsStifel Nicolaus