January 18, 2013 9:45 AM | 1 min read |
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.
DA Davidson initiated coverage on Great Southern Bancorp (NASDAQ: GSBC) with a Neutral rating and a $28.00 price target.DA Davidson noted, "Over the past five years, Great Southern has evolved from a Missouri-only franchise with poor-quality funding and risky loan exposure to a 6-state regional bank with an improved deposit base and more dynamic yet stable loan and retail products. We believe the company is well-positioned to take market share, even with a less than robust outlook for the industry. We are establishing an initial target for GSBC at $28, which equals 14.4x and ~1.15x our initial 2014 EPS and TBV estimates."Great Southern Bancorp closed at $26.19 on Thursday.
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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