December 3, 2014 9:56 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 Wednesday, Wunderlich Securities analyst Abhishek Sinha reiterated a Buy 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.
(NYSE: HCLP), but lowered the price target from $66.00 to $53.00.In the report, Wunderlich Securities noted, “As we enter a low oil price environment, we believe there could be significant adjustments to the E&P budgets as producers strive to stay within their cash flow limits. The ripple effect could dent the margins of Hi-Crush (HCLP) which otherwise is well shielded by its robust take-or-pay contracts. The lingering effects of the proposed HAL-BHI merger could further add downward pressure to its margins, however, we don't deem that to be a near-term risk. In order to capture the increased uncertainty we are tweaking our estimates and lowering our price target from $66 to $53. We however, maintain a Buy rating on the stock as we believe HCLP offers a relatively more stable outlook to investors given its strong coverage ratio and robust contracts in place.”Hi-Crush Partners LP closed on Tuesday at $37.97.
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