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.
Macquarie provided its outlook on USG Corporation (NYSE: USG), maintaining its Outperform rating and $35 price target.
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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"We have covered USG for many years and we have viewed USG's brand and innovation as best-in-class in the wallboard industry despite the commoditized nature of the product," wrote the analysts, noting they expect share gains from new customers will offset lost share at L&W longer term as a result.
According to the analysts, with the sale of L&W and subsequent planned reduction of debt, the company will likely be in position to return capital to shareholders in the near future. While management didn't specify what measures it would take to return capital, the analysts believe initiating a dividend and share repo should be top priorities.