January 28, 2015 8:28 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, Credit Suisse analyst James Wicklund 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.
(NYSE: NOV) from Neutral to Underperform, and lowered the price target from $60.00 to $43.00.In the report, Credit Suisse noted, “We are downgrading National Oilwell Varco (NOV) to Underperform from Neutral (TP $43 from $60) as it appears to be the most negatively impacted stock by the many negative data points coming through our 2-3 year outlook. An exceptionally well-managed company, NOV's Rig Systems business (44% of 2014E EBIT) will be negatively impacted by our expected lack of new deepwater rig orders through 2016 and its exposure to the North American, and international, activity slowdown due to the lower oil price.”National-Oilwell Varco closed on Tuesday at $57.70.
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