Marathon Oil To Rally Around 65%? Plus This Analyst Cuts PT On Twilio By 55%


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.


  • Raymond James raised the price target on Marathon Oil Corporation (NYSE:MRO) from $37 to $48. Raymond James analyst John Freeman maintained a Strong Buy rating on the stock. Marathon Oil shares fell 2.5% to $29.62 in pre-market trading.
  • Morgan Stanley cut the price target for Aptiv PLC (NYSE:APTV) from $120 to $105. Morgan Stanley analyst Adam Jonas downgraded the stock from Overweight to Equal-Weight. Aptiv shares fell 1.6% to $104.17 in pre-market trading.
  • Jefferies cut the price target on Twilio Inc. (NYSE:TWLO) from $110 to $50. Twilio shares fell 2.8% to $47.20 in pre-market trading.
  • Barclays cut the price target for Tyson Foods, Inc. (NYSE:TSN) from $89 to $58. Tyson Foods shares fell 2.1% to $65.95 in pre-market trading.
  • Wells Fargo slashed the price target for TransDigm Group Incorporated (NYSE:TDG) from $735 to $660. TransDigm shares fell 1.6% to $626.45 in pre-market trading.
  • HC Wainwright & Co cut the price target on Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) from $6 to $4. Spectrum Pharmaceuticals shares dropped 7.7% to $0.4270 in pre-market trading.
  • Keybanc cut the price target on Intuit Inc. (NASDAQ:INTU) from $525 to $450. Intuit shares fell 0.6% to $390.00 in pre-market trading.

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!

Check out this: Investor Optimism Eases Despite Dow Recording Gains

Don’t forget to check out our premarket coverage here .

Posted In: NewsPenny StocksPrice TargetPre-Market OutlookMarketsAnalyst RatingsPT Changes