UPDATE: Stifel Nicolaus Cuts PT to $40 on CenturyLink Post Structural Change

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.

Stifel Nicolaus maintained CenturyLink (NYSE: CTL) with a Buy rating and lowered the price target from $45.00 to $40.00.Stifel Nicolaus noted, "Following CenturyLink's 22.6% decline on Thursday following the announcement of a 26% dividend cut and a $2 billion two-year buyback authorization, we remain as perplexed as we were on Wednesday evening of the company's rationale for the dramatic capital structure change, however we view the sell-off as overdone."CenturyLink closed at $32.27 on Thursday.

27% profit every 20 days?

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