UPDATE: Jefferies Initiates Coverage on USG Corporation with Buy Rating, $34 PT on Positive Outlook - USCF Gold Strategy Plus Income Fund (ARCA:USG)

27% profits every 20 days?

This is what Nic Chahine averages with his options 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 Thursday, Jefferies analyst Philip Ng initiated coverage on USG Corporation (NYSE: USG) with a Buy rating and $34.00 price target.In the report, Jefferies noted, “We are initiating coverage on USG with a Buy, driven by our positive view on the industry dynamics of wallboard and ceilings. Benefiting from its cost takeout and pricing power, incremental margins in wallboard are at 60% and should reaccelerate earnings. Further, with FCF conversion at 100%, we believe USG should be able to unlock shareholder value.”USG Corporation closed on Wednesday at $27.73.

27% profits every 20 days?

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