UPDATE: Credit Suisse Downgrades Cheniere Energy to Neutral, Raises PT as Near-Term Positives are Priced In


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 Thursday, Credit Suisse analyst Abhiram Rajendran downgraded the 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.


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Cheniere Energy (NYSE: LNG) from Outperform to Neutral, but raised the price target from $50.00 to $65.00.In the report, Credit Suisse noted, “LNG is up over 35% over the last 2 months, and with this move we believe a lot of the positives over the near-term (particularly looking ahead to the Monday Analyst Day) are decently priced in. We believe further incremental positive news-flow from next week could keep the stock pushing higher (and accordingly we have cushion in our revised target price) and longer-term we still like the story and see avenues for further value unlocking, but for now we believe the mid-term risk/reward isn't heavily skewed to the upside.”Cheniere Energy closed on Wednesday at $57.67.
Posted In: Analyst ColorDowngradesAnalyst RatingsAbhiram RajendranCredit Suisse