Goldman Sachs Downgrades J.C. Penney To Sell, Shares Slip

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 Goldman Sachs downgraded J.C. Penney Company (NYSE: JCP) from Neutral to Sell. The price target for J.C. Penney is set to $5.50. J.C. Penney shares have dropped 23.50% over the past 52 weeks, while the S&P 500 index has gained 15.27% in the same period.J.C. Penney's shares fell 5.14% to $7.01 in pre-market trading.

27% profits every 20 days?

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