Scotia Capital Has Sector Perform on Apache - APA (NASDAQ:APA)

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.

Scotia Capital is out with a research report on Apache (NYSE: APA) and it has a Sector Perform rating and a $105 price target on shares.In a note to clients, Scotia Capital writes, "Production of 752 Mboe/d was in line with our estimate of 755 Mboe/d. Strong realized prices in the quarter were largely due to the company's significant exposure to liquids rich plays that receive Brent pricing."Shares of APA closed at $101.60 on Friday.

27% profits every 20 days?

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