UPDATE: J.P. Morgan Lowers Investment Technology Group's PT

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.

According to a research report published this morning, J.P. Morgan has lowered Investment Technology Group's (NYSE: ITG) PT from $13 to $12.In the report, J.P. Morgan commented, "ITG reported 1Q diluted EPS of $0.14, beating consensus by a penny. ITG is still trying to make the best of a weak trading environment, introducing new products internationally to gain market share while US earnings continue to remain at depressed levels. It is still buying back stock and managing costs well, but earnings will remain depressed until US volumes normalize."J.P. Morgan maintains its Overweight rating on Investment Technology Group, which is currently trading at $9.55.

27% profits every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!