UPDATE: Morgan Stanley Downgrades BB&T Corporation to Equal-Weight on NIM Pressure


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.


Morgan Stanley reduced its rating on BB&T Corporation (NYSE: BBT) from Overweight to Equal-weight with a reiterated $33 price target. Morgan Stanley noted, "Higher NIM pressure vs. peers, particularly on securities re-pricing and declining benefit from accretable yield. Majority of the benefit from declining credit related costs is already in the run rate, and management is cutting expenses more slowly than peers to expand footprint in Texas and maintain competitive position."BB&T Corporatio closed at $29.64 on Tuesday.

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.


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Posted In: Analyst ColorDowngradesIntraday UpdateAnalyst RatingsMorgan Stanley