December 3, 2013 8:43 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 Tuesday, Raymond James analyst Chris Cox resumed coverage on
Imperial Oil Limited (NYSE: IMO) with a Market Perform rating and $50.00 price target.In the report, Raymond James noted, “We believe upside potential in Imperial's share price over the next year will likely be limited due to diminishing returns on capital relative to the company's historical average and a near-term free cash flow profile that is lagging some of its peers within the large cap energy space in Canada. For longer-term oriented investors that are attracted to the company's growing free cash flow outlook following the completion of the Kearl expansion we would recommend waiting for a more attractive entry point.”Imperial Oil closed on Monday at $42.56.
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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