July 30, 2013 9:17 AM | 1 min read |
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.
In a report published Tuesday, Credit Suisse analyst John Edwards reiterated an Outperform rating on
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.
(NYSE: MWE), and raised the price target from $73.00 to $83.00.In the report, Credit Suisse noted, “With the publication of this note, the Credit Suisse Investment Policy Committee (IPC) is adding MWE to the U.S. Focus List. Moving MWE to "Core Holding" Status: We continue to view MWE as one of the best MLPs in the gas processing subsector and for the first time since picking up coverage on MWE over 5 year ago, we are moving MWE to ‘core holding' status for MLP portfolios. MWE's roughly 1.6 Bcf/d of processing and 60,000 bbl/d of fractionation capacity in the Marcellus is expanding to ~3.3 Bcf/d and 175,000 Bbl/d of fractionation by YE14. In the Utica it's even better - processing capacity goes from 185mmcf/d to nearly 1bcf/d and fractionation will reach 100,000bbl/d.”MarkWest Energy Partners LP closed on Monday at $67.25.
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