UPDATE: Wunderlich Securities Downgrades EOG Resources to Hold; Shares Near PT


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.


Wunderlich Securities lowered its rating on EOG Resources (NYSE: EGO) from Buy to Hold but raised its price target from $128 to $132. Wunderlich Securities noted, "The company has managed to capture some of the best oily resource plays in the U.S. while keeping a lean balance sheet. Mark Papa and his team did a great job, mission accomplished. With shares making new highs and nearing our target, we are downgrading EOG, a great E&P name that is fairly priced, in our view, to Hold."EOG Resources closed at $121.98 on Tuesday.

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 ColorDowngradesIntraday UpdateAnalyst RatingsWunderlich Securities