August 20, 2014 9:41 AM | 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 report published Wednesday, Keefe, Bruyette & Woods analyst Collyn Gilbert reiterated a Market Perform rating and $10.00 price target on
Brookline Bancorp (NASDAQ: BRKL).In the report, Keefe, Bruyette & Woods noted, “In the wake of BRKL's underperformance year to date, coupled with some fairly positive takeaways from a recent company visit, we are highlighting BRKL as part of KBW's "August Opportunities" series. In short, we believe BRKL could be at a long-awaited inflection point as it relates to its overall financial performance, as it appears as if expense growth should moderate while revenue growth accelerates. While we still believe BRKL needs to show bottom-line financial improvement, we are making the case that BRKL could make for a favorable near-term trading opportunity. Despite our short-term trading call, we are reiterating our Market Perform rating and our $10 PT.”Brookline Bancorp closed on Tuesday at $9.04.
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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