UPDATE: Jefferies Raises PT to $32 on United Stationers

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.

Jefferies reiterates its Hold rating on United Stationers (NASDAQ: USTR) and raises its price target by $4 to $32 on long term outlook.Jefferies says, "Q4 has always been tougher to forecast due to inventory buy-ins, vendor rebates and bonus accruals. We stayed conservative, since USTR lapped tough gross margin compares. It also faces a tougher sales comparison in Q1 and leakage of customer sales to manufacturers in furniture, and technology remains a headwind. On the plus side, the long-term strategy is intact, a cost-cutting program may be unveiledand labor has improved."USTR closed at $34.55 a share yesterday.

27% profits every 20 days?

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