June 17, 2014 3:24 PM | 1 min read
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 research note released Tuesday, Barclays analyst Jason M. Goldberg increased his price target from $33.0 to $35.0 on Morgan Stanley (NYSE: MS) In addition, the analyst is lowering his earnings per share estimates for the second quarter of 2014 to $0.54 from $0.65. Also, the 2014 EPS estimate is being lowered to $2.50 from $2.60; the decrease was because the analyst is looking for an increase in mergers and acquisitions to help revenue, However, 2015 estimates remain the same at $3.10. Furthermore, the analyst met with the company's Chief Financial Officer Ruth Porat. Below are some key points:1) MS is focused on achieving a 10% ROE as a stepping stone to a higher objective;2) Investment Banking should benefit from heightened M&A;3) Wealth Mgmt is focused on further improving margins; 4) Investment Mgmt provides steady returns. Shares of the company are up three percent on Monday and are up four percent year-to-date.
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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