September 9, 2014 10:48 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, Wunderlich Securities analyst Jason A. Wangler reiterated a Buy rating and $14.00 price target 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: TPLM).In the report, Wunderlich Securities noted, “Solid F2Q15 results as EPS is in-line with estimates while production and revenues beat nicely. The company reported EPS of $0.15 that was in-line with the Street's estimate and just ahead of our $0.14 forecast. These results were driven by higher-than-expected production and higher revenue generation from Rock Pile that bodes well for the future of TPLM in our view. The E&P business continues to grow at levels that exceed expectations. Production from the segment came in at 10,551 boe/day, a full 1,100 boe/day ahead of our 9,400 boe/day and well ahead of the Street's 9,700 boe/day estimate. This looks to be driven by continued strong activity, lower drilling times for wells and continued productivity gains from the company.”Triangle Petroleum Corporation closed on Monday at $11.60.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.