Flextronics Extends Relationship with Citrix


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.


Flextronics (NASDAQ: FLEX) todayannounced that it will expand its existing design, manufacturing, logisticsand service solutions relationship with Citrix to include Zalaegerszeg,Hungary. Flextronics has provided design, manufacturing, logistics and servicesolutions to Citrix for more than eight years."As our cloud networking business accelerates, we are expanding our globalsupply chain capability," said Fred Tiso, vice president supply chainoperations at Citrix.  "Flextronics Hungary was the first step in ourglobalization strategy and will serve our growing Europe, Middle East andAfrica (EMEA) customer base.  Over the next several quarters, we will continueto take advantage of Flextronics' global footprint by expanding our supplychain presence in Asia and Latin America.""We are happy to expand our successful and long-standing relationship withCitrix and honored to have them as a partner," said Caroline Dowling,president of Integrated Network Solutions at Flextronics.  "Expanding ourservice offering with Citrix into Hungary is a great example of the value thatwe can provide customers that leverage our strong supply chain solutions andbroad global presence," she added.Flextronics provides services to Citrix Systems globally through its locationsin California, Canada, the Netherlands, Singapore, Taiwan and now Hungary.

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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