FBR Capital Upgrades Bank of America To Outperform


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.


Analysts at FBR Capital upgraded Bank of America (NYSE: BAC) from Market Perform to Outperform.The price target for Bank of America has been raised from $18.00 to $20.00.Bank of America shares have gained 7.50% over the past 52 weeks, while the S&P 500 index has surged 7.46% in the same period.Bank of America shares dropped 2.03% to $15.44 in pre-market trading.

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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Posted In: UpgradesAnalyst RatingsFBR Capital