UPDATE: Morgan Stanley Upgrades Lear Corporation to Overweight; Margin Perseverance for Seat Makers - Lear (NYSE:LEA)

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.

Morgan Stanley raises its rating from Equal-weight to Overweight on Lear Corporation (NYSE: LEA) on outlook for seat suppliers. Price target goes from $50 to $55. Morgan Stanley comments, "Reports of the death of the seat as a value-added component in the car are exaggerated, in our opinion. The seat is complex, expensive and hard to re-source, which makes it difficult to commoditize. This can preserve margin for seat-makers, despite evolving sourcing patterns and mix trends."LEA closed at $41.15 on Friday.

27% profit every 20 days?

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