UPDATE: Jefferies Downgrades Ecolab to Hold, Lowers PT as Oil Volatility Increases


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 Monday, Jefferies analyst Laurence Alexander downgraded the rating 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.


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Ecolab (NYSE: ECL) from Buy to Hold, and lowered the price target from $128.00 to $120.00.In the report, Jefferies noted, “The recent downdraft in oil prices implies a flatter petrochemical cost curve, less demand for NGVs, a downshift in energy infrastructure capex, and a margin tailwind for downstream chemicals. Tilt towards the consumer, away from the cracker, and stay wary of whipsaws in soy (biodiesel) and corn (ethanol).”Ecolab closed on Friday at $108.95.
Posted In: Analyst ColorDowngradesAnalyst RatingsJefferiesLaurence Alexander