July 30, 2014 7:44 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 Wednesday, Keefe, Bruyette & Woods analyst Robert Lee downgraded the rating on
Waddell & Reed Financial (NYSE: WDR) from Outperform to Market Perform, and lowered the price target from $74.00 to $63.00.In the report, Keefe, Bruyette & Woods noted, “We thought it was a largely as expected quarter on an operating basis as most of the beat was from higher investment income and a lower tax rate, with net inflows of +$1.2bn in-line with our +$1bn forecast. However, commentary that flow trends weakened through the quarter and are about -$1bn QTD contributed to weakness in the stock. Adjusting estimates and PT.”Waddell & Reed Financial closed on Tuesday at $55.41.
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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