UPDATE: Morgan Stanley Initiates Coverage on Euronav NV with Overweight Rating, $15.50 PT on Best-in-Class Crude Tanker Play - Euronav (NYSE:EURN)

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.

In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis initiated coverage on Euronav NV (NYSE: EURN) with an Overweight rating and $15.50 price target.In the report, Morgan Stanley noted, "Euronav is our top pick in the crude tanker segment and preferred way to play the growing crude supply and contango trade. Low oil prices and demand for floating storage promise a highly profitable rate environment for EURN, the largest publicly listed VLCC owner."Euronav NV closed on Friday at $11.70.

27% profits every 20 days?

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