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.
STOCKHOLM, July 3, 2019 /PRNewswire/ -- The Electrolux Group today announced it will invest approximately MEUR 130 million in automation, digitalization and innovation at its manufacturing facility in Susegana, Italy .
The investment is part of Electrolux previously communicated manufacturing investment program (announced at the Capital Markets Day in 2017), totaling SEK 8 billion over 4-5 years as from 2018. Focused on automation, digitalization and improved innovation capabilities through new modularized product platforms, the program is expected to generate annual cost savings of approximately SEK 3 billion with full effect from 2024.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The decision to invest in Susegana follows an agreement with local unions regarding the continued industrial development of Electrolux operations in Italy. Scheduled to be completed in 2022, the investment includes two new assembly lines and resources for product and process development. This will support the competitiveness of Electrolux built-in refrigeration products and enable the company to achieve top performance levels in coming European energy label regulations. The upgrade will also entail improved ergonomics at workstations throughout the facility.
For further information, please contact Electrolux Press Hotline, +46-8-657-65-07
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
SOURCE Electrolux
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.