UPDATE: Citi Initiates Coverage on GasLog


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.


According to a research report published this morning, Citi has initiated GasLog (NYSE: GLOG) with a Buy rating and $16 PT.In the report, Citi commented, "Within shipping we believe the LNG sub-sector has one of the most favorable supply/demand relationships, which is likely to provide support (or even further upward pressure) for charter rates. GasLog is a means to gain exposure to this sub-sector and the broader natural gas production/U.S. energy independence theme through a company with high quality LNG assets and a pipeline of new vessels with deliveries scheduled through 2015, which provides incremental revenue and cash flow growth and visibility."GasLog closed yesterday at $11.99.

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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Posted In: Analyst ColorInitiationAnalyst RatingsCiti