September 20, 2012 10:49 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.
Stifel Nicolaus initiated its coverage on Plexus (NASDAQ: PLXS) with a Hold rating. Stifel Nicolaus commented, "Margin expansion has stalled due to thefact that sales growth is coming from new programs that typically require up-front investments and lower yields, whereas more mature programs with existing customers, which typically garner higher gross margins, have stagnated due to soft end demand and macro issues. We also note that several larger competitors have targeted Plexus' sweet spot in the “diversified” manufacturing space. Although we recognize that PLXS deserves a modest premium over competitors, we also do not believe it warrants a multiple expansion at this point."Plexus closed at $32.79 on Wednesday.
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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