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.
APA Corp (US) (NASDAQ:APA) shares are trading higher by 4.53% to $45.90 during Tuesday's session. Shares of companies in the broader energy sector are trading higher as oil prices increase. The reopening of China and lighter-than-expected US CPI data have lifted demand sentiment while the shutting of the Keystone pipeline has pressured supply.
What's Happening?
Oil prices also saw strength during Monday's trading session. The surge in the price of oil is likely a ripple effect of the recent G7 price cap on Russian oil, as well as last week's Keystone pipeline oil spill.
Per a report by CNBC, the Keystone Pipline failure occurred last Wednesday nearby Washington, Kansas. Experts say an estimated 14,000 barrels of crude, or 588,000 gallons of a form of crude known as tar sands oil, into a nearby natural waterway.
NBC says the Biden administration has ordered the closure of the pipeline until the situation can be remedied.
See Also: Why Bitcoin- And Ethereum-Related Stock Coinbase Is Nosediving
According to data from Benzinga Pro, APA has a 52-week high of $51.95 and a 52-week low of $22.94.
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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