UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on AeroVironment - AeroVironment (NASDAQ:AVAV)

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.

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on AeroVironment (NASDAQ: AVAV), but lowered its price target from $27.00 to $25.00.Jefferies noted, “AVAV reported Q2:FY13 revenues of $80.3MM vs. our estimate of $79MM and $80.4MMM a year ago. Despite flat revenues, EPS of $0.39 was up 32% due to better profitability in the UAS and EES segments. A higher proportion of product sales and control of the cost structure drove the results.”AeroVironment closed on Tuesday at $20.26.

27% profit every 20 days?

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