January 23, 2012 9:54 AM | 1 min read |
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.
Societe Generale reiterates its Buy rating and price target of $90 on Schlumberger (NYSE: SLB) as it sees 2012 to be a transition year for the company and its international activity. Societe Generale says, "SLB is the largest provider of high tech services to International oilfield markets and is a key play on slowly improving International activity. The company has similar deepwater exposure to some equipment providers that many energy investors viewed as ‚safe havens‛ in the 2H'11 turmoil. But at just 15.0X our 2012e EPS, valuations appear far more attractive. Broad International activity remains somewhat sluggish and pricing strength has yet to become widespread, but a tightening in capacity / pricing is steadily becoming more visible."SLB closed at $73.80 a share on Friday.
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.
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