UPDATE: Jefferies Raises PT to $52 on Oceaneering - Oceaneering International (NYSE:OII)

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 raises its price target on Hold-rated Oceaneering (NYSE: OII) as the company posts solid quarter and increases visibility going forward. Jefferies says, "OII reported 4Q EPS in line with expectations and also provided 2012 guidance inline with our growth expectations. We maintain our Hold rating as we believe the shares are adequately discounting the building strength and growth opportunities in the ROV market and other subsea business segments."OII closed at $54.27 a share on Thursday.

27% profit every 20 days?

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