Midday Losers From October 27: Goodrich Petroleum, Jones Energy, Parsley Energy And More


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.


Goodrich Petroleum Corporation (NYSE: GDP) -11.6% - On Monday, analysts at Stifel downgraded several stocks in the oil sector.

Jones Energy Inc (NASDAQ: JONE) -10% - Stifel downgraded Jones energy to Hold.

Parsley Energy Inc (NYSE: PE) -10% - On Monday, Goldman Sachs downgraded multiple oil stocks and lowered their oil forecasts; Parsley Energy was downgraded to Sell.

Laredo Petroleum Inc (NYSE: LPI) -8% - Goldman Sachs downgraded shares of Laredo to Sell and lowered the price target to $16.50.

EP Energy Corp (NYSE: EPE) -8% - Goldman Sachs downgraded shares of EP Energy to Neutral and lowered the price target to $16.00.


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: Intraday UpdateMovers