April 29, 2014 7:59 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.
In a report published Tuesday, Keefe, Bruyette & Woods analyst Catherine Mealor upgraded the rating on
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.
(NASDAQ: WSFS) from Market Perform to Outperform, but lowered the price target from $82.00 to $80.00.In the report, Keefe, Bruyette & Woods noted, “WSFS missed 1Q EPS by $0.05 primarily on seasonal factors, however, management laid out about $0.21/share of seasonal influences that should go away in 2Q. Shares are down 14% YTD and WSFS now trades at a steep discount to peers (11.4x 2015 EPS) despite the fact that the company has nice growth momentum and is well on its way to a 1.2% ROA / 13% ROTCE. Adjusting estimates, lowering PT but upgrading to OP. Transferring coverage to Catherine Mealor from Damon DelMonte.”WSFS Financial Corporation closed on Monday at $66.44.
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