UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Western Alliance Bancorporation - Western Alliance (NYSE:WAL)

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.

In a report published Monday, Jefferies & Company reiterated its Buy rating on Western Alliance Bancorporation (NYSE: WAL), and slightly raised its price target from $12.00 to $12.50.Jefferies noted, “Following another core EPS beat in 3Q, we leave our above consensus forecast intact with lower credit costs offsetting a softer NIM trajectory. We continue to like WAL as a unique play on both growth and credit recovery at a reasonable price (13x 2013).”Western Alliance Bancorporation closed on Friday at $10.91.

27% profit every 20 days?

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