UPDATE: Dahlman Rose Upgrades AK Steel Holding Corporation 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.

In a report published Wednesday, Dahlman Rose & Co. upgraded its rating on AK Steel Holding Corporation (NYSE: AKS) from Sell to Hold.Dahlman Rose noted, “We are upgrading AKS to Hold from Sell as we believe the implications of its recent debt and equity issue have been priced in and near-term liquidity risk has been removed. Though we remain neutral on the steel sector, we favor service centers on a relative basis.”AK Steel Holding Corporation closed on Tuesday at $3.82.

27% profit every 20 days?

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