December 12, 2014 9:49 AM | 1 min read |
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.
Sonic Foundry (NASDAQ: SOFO) shares dipped 20.77% to $8.01 on Q4 results.Emerald Oil (NYSE: EOX) fell 18.75% to $1.04. Emerald Oil named Mike Dickinson as COO and lowered Q4 average production forecast to 3,300 BOEPD.Caesars Entertainment (NASDAQ: CZR) shares declined 12.58% to $12.99. Dow Jones reported that Caesars has reached a tentative debt-restructuring agreement for largest unit with senior bondholders, according to sources.Goodrich Petroleum (NYSE: GDP) slipped 8.92% to $3.88. Analysts at JP Morgan downgraded Goodrich Petroleum from Overweight to Underweight and removed the price target of $27. MOMO (NASDAQ: MOMO) shares tumbled 6.23% to $15.96 after surging 26.07% on Thursday.Linn Energy, LLC (NASDAQ: LINE) shares dropped 5.40% to $12.61 after rising 1.14% on Thursday. Breitburn Energy Partners L.P. (NASDAQ: BBEP) shares declined 3.98% to $8.44 fter dropping 8.63% on Thursday. Analysts at Wunderlich downgraded BreitBurn Energy Partners from Buy to Hold and lowered the price target from $20 to $9.Energy XXI (NASDAQ: EXXI) dropped 3.17% to $2.75 after declining 1.39% on Thursday.
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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