January 11, 2013 8:55 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Friday, D.A. Davidson & Co. initiated coverage on Southwest Bancorp (NASDAQ: OKSB) with a Buy rating and $15.00 price target.D.A. Davidson noted, “With a new management team, stabilizing asset quality, and a strong capital base the company appears to be positioned to improve EPS and profitability over the intermediate term. The next few quarters are likely to continue recent trends of loan portfolio run-off, but we believe the company has begun to shift its focus toward growth opportunities, which should lead to improved growth dynamics in the latter part of 2013. Our price target of $15 represents a 1.1x multiple to our year-end 2013 TBV of $13.43, compared to an average TBV multiple of 1.5x for peer institutions given OKSB's lower projected ROE than the peer average.”Southwest Bancorp closed on Thursday at $12.28.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.