UPDATE: Morgan Stanley Downgrades American Electric Power to Equal-Weight on Limited Upside

by Benzinga Staff
January 17, 2013 12:35 PM | 23 seconds read | Make a Comment

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 downgraded American Electric Power (NYSE: AEP) from Overweight to Equal-weight and lowered the price target from $46.00 to $45.00.Morgan Stanley commented, "With strong outperformance since our upgrade in mid-2012, AEP shares are now trading in-line with diversified peers. We utilize the more discounted diversified utility valuation since when AEP's agreement in Ohio ends in 2½ years, the company may be exposed to weaker market energy/capacity prices."American Electric Power closed at $43.22 on Wednesday.

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

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