KeyBanc Capital Markets Initiates G&K Services Coverage: Hold


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.


KeyBanc Capital Markets initiated G&K Services (NASDAQ: GKSR) coverage with a Hold rating in a research report published today.In the report, KeyBanc Capital Markets states, "In our view, GKSR's strategy to focus on its core rental business has and shouldcontinue to drive margin expansion over the next one to three years. While it faces nearterm headwinds stemming from greater merchandise investment costs, we anticipate renewed focus on uniform rental should drive more profitable growth and better execution."Shares of G&K Services closed today at $28.51, down 2.30% from Monday's market close.

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: Analyst ColorInitiationAnalyst RatingsKeyBanc Capital Markets