May 9, 2014 7:57 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 Friday, Wunderlich Securities analyst Abhishek Sinha initiated coverage on
New Source Energy Partners LP (NYSE: NSLP) with a Buy rating and $25.00 price target.In the report, Wunderlich Securities noted, “We are initiating coverage of New Source Energy Partners LP. (NSLP), an oil & gas upstream MLP, with a Buy rating and $25 price target. NSLP is headquartered in Oklahoma with assets primarily located in east central Oklahoma targeting the Hunton formation. NSLP has a unique upstream business model to produce residual reserve from conventional resource plays previously deemed ‘not prospective' by others. At an attractive yield of 10.6%, NSLP is, however, trading at a discount to its peers."With a strong support from dedicated infrastructure in place and a solid sponsor to facilitate dropdown opportunities, we believe NSLP should trade in line with its peers, realizing a total return of over 20%.”New Source Energy Partners LP closed on Thursday at $21.96.
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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