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.
- Robert Bosch GmbH inaugurated a 1 billion-euro ($1.2 billion) factory in Dresden, Germany, to counter the semiconductor chip supply constraints and reduce dependence on Asian or U.S. imports, Bloomberg reports.
- The plant received 200 million euros ($243 million) in state aid under an E.U. investment scheme, Reuters reports. It will start manufacturing power tool chips in July and automotive chips in September.
- The E.U. pledged to produce at least 20% of the global supply on a value basis by the end of the decade.
- Bosch estimates the global semiconductor demand to grow 11% in 2021 to a market volume of over 400 billion euros.
- The factory can produce 300-millimeter silicon substrate wafers with structural widths of up to 65-nm.
- Bosch already manufactures 150 and 200-mm wafers at a Reutlingen factory outside Stuttgart. It will invest around 50 million euros in expanding the site’s clean-room facilities for 200-mm wafers in coming months.
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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