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.
Advanced Micro Devices, Inc.'s (NASDAQ:AMD) high-flying CEO Lisa Su, who has been instrumental in reviving the fortunes of the company following years of underperformance, is set to join the board of networking giant Cisco Systems, Inc. (NASDAQ:CSCO).
"Lisa is an accomplished business leader with deep expertise in the semiconductor industry," said Chuck Robbins, Cisco chairman and CEO. "We look forward to her contributions to Cisco's board and our business as we continue to develop ground breaking technologies, and a new internet for the 5G era that will help our customers innovate faster than ever before."
Incidentally, Su stepped down from the board of Analog Devices, Inc. (NASDAQ:ADI) in December.
Why It's Important
Cisco has a presence in the server market with its Unified Computing System servers, which primarily come with server chips from Intel Corporation's (NASDAQ:INTC) stable, Tom's Hardware pointed out. A few models, however, feature AMD's EPYC server chips.
The appointment is seen by some industry people as suggesting increased collaboration between the two companies, CRN reported.
Related Links:
Report: Intel Planning For Phased Price Cuts To Take On AMD Challenge
AMD Says 'Nvidia Killer' Graphics Card Is Set For Launch This Year
Photo credit: Gene Wang, Flickr
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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