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.
- Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) will shortly disclose plans to build additional 28nm, 12nm, and 16nm process fabrication lines at new fabs, in addition to its Nanjing fab expansion Digitimes Asia reports.
- Needham analyst Charles Shi initiated coverage on TSM with a Buy rating.
- The firm expects revenue CAGR of 15% despite industry downturn within two years. The introduction of the 3nm technology, which will be largely immune to the industry cyclicality, supports the growth thesis.
- TSM just reported a June revenue growth of 22.8% to NT$148.47 billion.
- Price action: TSM shares traded higher by 2.11% at $125.21 on the last check Tuesday.
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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