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.
Deutsche Bank's Vishal Shah has downgraded Trina Solar Limited (ADR) (NYSE: TSL) to Hold and lowered his price target from $11.00 to $9.00.
Shah said Trina Solar is "executing well in a robust demand environment in the US and China. However, with outlook for H2 China market worsening, we expect increased pricing pressure to continue to impact 2H margins."
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The company's shipments outlook is extremely zealous. Trina Solar is assuming sequential growth in 2H, which requires China's demand remains flat and demand in non-Chinese markets to increase from 20 percent to 45 percent. In Shah's eyes, however, this seems too "aggressive."
China takes up "roughly 35 percent of [the] overall mix" of Trina Solar's FY shipments, Shah noted. Management expects U.S. shipments to grow sequentially, but become a smaller percentage in Q2. The analyst believes U.S. shipments to grow 20 percent in 2H. The U.S. market, which carries a lower margin and volume growth, will act as a margin headwind for Trina Solar, Shah concluded.
Trina Solar Limited closed at $8.72 on Thursday and was trading down 3.04 percent in Friday's pre-market session.
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.