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!
The analysts mentioned they are unsure about the company's ability to reach double-digit ROE without the help of higher rates. They reduced the EPS estimates by 6 percent to $2.44 for 2016 and by 12 percent to $2.83 for 2017, assuming no Fed rate hike through the end of 2017, compared to four hikes estimated previously, and a flatter yield curve.
The analysts expect 10 percent annualized loan growth in the second quarter. Accordingly, Comerica's management believes the energy-related losses were in line with estimates, implying the possibility of a release of the 8 percent energy-related reserve at some later point. "While NCOs are expected to be 45-55 bp for the rest of 2016, we expect the LLP to decline from $148 million in 1Q to $67 million in 2Q. Management indicated that credit quality remains strong, outside of the energy portfolio," wrote BMO.
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.