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, Jefferies analyst Daniel Furtado initiated coverage on Ocwen Financial (NYSE: OCN) with a Buy rating and $50.00 price target.
In the report, Jefferies noted, “We are initiating on OCN with a Buy rating and a $50PT. OCN is a top specialty servicer with a 70% cost advantage versus peers, giving it scale to acquire additional servicing UPB as banks continue to exit the business. Further, OCN recently boarded roughly $190B in GSE servicing, with income from HARP refi's expected rise in the coming months, even as margins are likely to come in.”
Ocwen Financial closed on Thursday at $42.47.
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.
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