UPDATE: JP Morgan Initiates AmTrust Financial Services with Neutral, $31 on Valuation

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.

JP Morgan initiates its coverage on AmTrust Financial Services (NASDAQ: AFSI) with a Neutral rating and a price target of $31. JP Morgan says, "AFSI is a growth-focused company with a differentiated business model that should generate top-line gains well in excess of peers. However, we believe it is too early to pay up for growth until margins show more signs of improvement. While renewal rate improvements are constructive enough to support a growth bias, absolute pricing needs to improve further to drive margin gains."AFSI closed at $29.98 on Thursday.

27% profits every 20 days?

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