UPDATE: Sterne Agee Downgrades Visa to Neutral on Limited Upside - Visa (NYSE:V)

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, Sterne Agee analyst Greg Smith downgraded the rating on Visa (NYSE: V) from Buy to Neutral.In the report, Smith noted, “We are downgrading Visa to Neutral from Buy as there is now limited upside relative to our prior $175 price target. We now view the shares as fairly valued and expect the shares to perform in line with the S&P 500 over the coming months. Our positive fundamental view on Visa remains unchanged as we still view the stock as the single best long-term way to play the secular growth in electronic payments. With that said, headline risks are incrementally more of a concern now.”Visa closed on Thursday at $167.62.

27% profits every 20 days?

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