UPDATE: Bank of America Merrill Lynch Reiterates Neutral Rating, Raises PT on Bankrate - Global X Funds Global X Interest Rate Hedge ETF (ARCA:RATE)

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 Friday, Bank of America Merrill Lynch reiterated its Neutral rating on Bankrate (NYSE: RATE), and raised its price target from $12.00 to $14.00.BofA Merrill Lynch noted, “Bankrate is an investment on an ongoing financial markets recovery and the migration of advertising and lead generation dollars online. We think Bankrate should trade at a premium to the lead generation sector due to market position (category leader with product diversification) and higher margins (high 20%).”Bankrate closed on Thursday at $13.43.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!