October 12, 2012 12:34 PM | 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.
Citigroup initiated coverage on Crestwood Midstream Partners (NYSE: CMLP) with a Neutral rating and a $24 price target. Citigroup noted, "We are initiating coverage on CMLP with a Neutral rating as we believe upside from current levels remains uncertain and depends on improved visibility for the partnership's Barnett Shale operations. While CMLP management has executed a number of transactions to diversify its geographic footprint and customer base, the Barnett Shale and Quicksilver Resources (NYSE: KWK) are still important drivers to the partnership's financial performance. KWK remains the partnership's largest customer and is facing capital constraints in the current low gas price environment."Crestwood Midstream Partners closed at $23.84 on Thursday.
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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