UPDATE: Deutsche Bank Initiates Seadrill at Buy on Secular Growth, Fundamentals - Seadrill (NYSE:SDRL)

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.

Deutsche Bank initiated coverage on Seadrill (NYSE: SDRL) with a Buy rating and a $41 price target. Deutsche Bank commented, "SDRL is a unique play on both strong near-term fundamentals and one of the best secular growth stories in the industry (high spec and deepwater assets). With a fleet of 67 rigs, SDRL has one of the highest quality and most diversified fleets in the industry. While we see relatively modest upside in the shares, SDRL's significant yield is likely to remain attractive and the total return potential supports our BUY case."Seadrill closed at $39.18 on Monday.

27% profit every 20 days?

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