April 13, 2016 11:32 AM | 1 min read |
Shares of
Delphi Automotive PLC
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.
(NYSE: DLPH) gained more than 5 percent on Wednesday after the company
provided investors with a long-term outlook and announced a new share buyback program.Speaking at a conference in London on Wednesday, Delphi's management said that it expects its fiscal 2016 organic sales to rise 8 to 10 percent. The company also expects to see its earnings per share grow in the mid-teens range and expects a 16 percent growth in dividends.Looking beyond fiscal 2016, Delphi expects to realize an 8 to percent compounded annual growth rate in sales in fiscal 2018 through 2020. During the same time period, management expects to realize a double-digit growth in its earnings per share.The company also provided a capital deployment guideline for 2016 through 2018 with the following breakdown: 45-55 percent M&A and share repurchases, 35-40 percent capital expenditures, 10-15 percent dividends.In the interim, Delphi announced a new share repurchase program totaling $1.5 billion which "reflects continued confidence" in the business and the company's "commitment to create and enhance value."Delphi also highlighted a previously announced increase to its annual dividend payout to $1.16 per share which represents 15 percent of 2016's operating cash flow.
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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