May 25, 2012 10:31 AM | 1 min read |
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.
Wunderlich Securities initiates a Buy rating with a price target of $32 per share on United Stationers (NASDAQ: USTR). Wunderlich Securities says, "We believe YTD share price underperformance represents an attractive opportunity, as delays in a cyclical recovery have evaded the office products space and created Q1 gross margin challenges. We believe Street revenue/margin assumptions have been reduced to makeable/beatable levels, as comparisons will begin to ease 2H12 as certain lost national accounts business will anniversary and cost-reduction programs reduce operating expenses. Amid all the late-April angst attributable to AmazonSupply's industrial website launch, United is positioned to potentially play a unique supporting role within Amazon's expansion given past e-commerce success."USTR closed at $25.34 on Thursday.
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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