Jefferies Downgrades NLY To Hold From Buy


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.


Jefferies is downgrading shares of Annaly Capital Management (NYSE: NLY) from Buy to Hold.“We expect investment spreads and Agency MBS prices to decline over the coming 12-months,” Jefferies writes. “While investors are likely to earn the market return in the Agency space via ownership of NLY, we believe more attractive returns can be found in mortgage REITs that have exposure to non-Agency investments.”Annaly Capital Management closed Tuesday at $17.84.

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.


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!

Posted In: Analyst Ratingsannaly capital managementFinancialsJefferiesMortgage REIT's