UPDATE: Morgan Stanley Reiterates Underweight Rating, Lowers PT on LATAM Airlines Group SA (ADR) Following 4Q14 Results

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, Morgan Stanley analyst Ricardo L. Alves reiterated an Underweight rating on LATAM Airlines Group SA (ADR) (NYSE: LFL), but lowered the price target from $11.30 to $10.30.In the report, Morgan Stanley noted, "LFL 4Q14's EBIT margin of 8.6% beat MSe of 7.4%, and the stock could react positively in the ST. However, competition and weaker currencies pressured yields, and thus consolidated PRASK declined 13% y-y. Despite a better quarter, we believe the negative unit revenue trend will remain and we stay UW."LATAM Airlines Group SA (ADR) closed on Tuesday at $8.31.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!