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.
Three out of the larger number I have written about may be appropriate for you at this time.
Cusip 59156R504
MetLife Floating Rate Preferred Series A (METpA)
This security trades at $23.82 and currently yields 4.18%.The floating rate is based upon the 3-month LIBOR rate plus 1% with a floor of 4%.The call is at $25.00. Dividends are paid quarterly, with the next payout being June 15th.
Cusip 902973155
U.S. Bancorp Floating Rate Perpetual Preferred Series B (USBpH)
This security trades at $22.67 and currently yields 3.87%. The floating rate is based upon the 3-month LIBOR rate plus .60% with a floor of 3.5%. The call is at $25.00 Dividends are paid quarterly with the next payout being April 15th.
Cusip 744320409
Prudential Financial Inflation-Linked Notes due 4/10/2018 (PFK)
This is my personal favorite. The security trades at $24.44 and currently yields 5.22%.The floating rate is based upon the CPI plus 2.40% with. The call is at $25.00.
Dividends are paid monthly.
Preferred securities that are investment grade, liquid, priced below the call and offering a generous fixed rate or, as the above, a rate that will drift higher as our inflationary cycle begins, are a stable, easy and low-priced way to keep income-oriented portfolios diversified, viable and current with prevailing economic conditions.
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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