Cowen & Company Upgrades Patterson-UTI Energy To Outperform


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.


Analysts at Cowen & Company upgraded Patterson-UTI Energy Inc. (NASDAQ: PTEN) from undefined to Outperform.Patterson-UTI Energy shares have dropped 38.63% over the past 52 weeks, while the S&P 500 index has surged 11.20% in the same period.Patterson-UTI Energy shares fell 4.50% to close at $19.29 yesterday.

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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Posted In: UpgradesAnalyst RatingsCowen & Company