Barclays Downgrades Occidental Petroleum To Equal-weight


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.


Analysts at Barclays downgraded Occidental Petroleum (NYSE: OXY) from Overweight to Equal-weight.The target price for Occidental Petroleum has been lowered from $117 to $109. Occidental Petroleum shares have gained 8.03% over the past 52 weeks, while the S&P 500 index has jumped 16.88% in the same period.Occidental Petroleum's shares fell 0.84% to $97.46 in pre-market trading.

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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Posted In: DowngradesAnalyst RatingsBarclays