Swedbank Downgrades Scorpio Tankers To Neutral


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.


Analysts at Swedbank downgraded Scorpio Tankers (NYSE: STNG) from Buy to Neutral. The target price for Scorpio Tankers has been lowered from $12.50 to $9. Scorpio Tankers shares have declined 9.04% over the past 52 weeks, while the S&P 500 index has gained 17.13% in the same period.Scorpio Tankers' shares fell 0.11% to close at $8.95 yesterday.

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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Posted In: DowngradesAnalyst RatingsSwedbank