Goldman Sachs Initiates PDC Energy With Conviction Buy


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.


Analysts at Goldman Sachs initiated coverage on PDC Energy Inc (NASDAQ: PDCE) with a Conviction Buy rating.The target price for PDC Energy is set to $77.PDC Energy shares have dropped 10.33 percent over the past 52 weeks, while the S&P 500 index has surged 12.61 percent in the same period.PDC Energy shares rose 0.40 percent to close at $55.06 on Friday.

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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Posted In: InitiationAnalyst RatingsGoldman Sachs