UPDATE: Morgan Stanley Reiterates On Ternium S.A. On Investor Day Takeaways


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 Friday, Morgan Stanley analyst Carlos De Alba reiterated an Equal-Weight rating on Ternium S.A. (NYSE: TX), but lowered the price target from $30.50 to $30.20.In the report, Morgan Stanley noted, “We attended Ternium's 2014 Investor Day, where we met with senior management. TX is a well-run company with a sound strategy and an attractive presence in Mexico. But Siderar is facing macro headwinds and we believe the stock is unlikely to outperform. Stay EW & new PT of US$30.2/ADS.”Ternium S.A. closed on Thursday at $28.89.

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.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsCarlos De AlbaMorgan Stanley