UPDATE: Citigroup Initiates AFLAC at Buy on Earnings Strength - Aflac (NYSE:AFL)

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.

Citigroup initiated coverage on AFLAC (NYSE: AFL) with a Buy rating and a $62.00 price target.Citigroup said, "We consider AFL to be one of the premier franchises in the life insurance sector given its superior ROE and consistent earnings. In our view, results have reached an inflection point, and we forecast EPS growth to steadily accelerate over the next few years, driving further expansion in the P/E multiple. … The key factors driving AFL's high ROE are its low cost structure, industry leading persistency, focus on less capital intensive products, and active capital management."AFLAC closed at $52.44 on Wednesday.

27% profit every 20 days?

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