UPDATE: Goldman Sachs Downgrades Charles Schwab to Neutral on Rate Headwinds - Charles Schwab (NYSE:SCHW)

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.

Goldman Sachs reduced its rating on Charles Schwab (NYSE: SCHW) from Buy to Neutral and lowered its price target from $14 to $15. Goldman Sachs commented, "We downgrade SCHW to Neutral from Buy after last week's Fed action and the subsequent decline in Agency RMBS yields. With over 70% of SCHW's securities portfolio in Agency RMBS, we now expect NIM headwinds to accelerate into 2013, which could be further exacerbated by increased pre-payments. We see SCHW's NIM declining to low 140's by the end of 2013, offsetting benefits of stronger equity markets."Charles Schwab closed at $13.94 on Tuesday.

27% profit every 20 days?

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