April 29, 2013 11:33 AM | 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.
In a report published Monday, Deutsche Bank analyst Mike Urban reiterated a Buy rating on Key Energy Services (NYSE: KEG), but slightly lowered the price target from $11.00 to $10.00.In the report, Urban noted, “No doubt about it, Q1 was a bad quarter in both the US and International businesses, but with the US bottoming and Mexico (which will be down significantly but far from zero and not permanently) representing about 10% of the business, the 17% decline in the stock seems excessive. KEG will have to hustle to get some assets re-deployed both internationally and in the US, but international demand is robust and restructuring/ efficiency efforts seem to be kicking in. KEG should also be among the earlier beneficiaries of a recovery in gas activity.”Key Energy Services closed on Friday at $5.90.
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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