December 15, 2011 4:14 PM | 1 min read |
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.
Freescale Semiconductor (NYSE: FSL) today announced that networking and multimedia group Senior Vice President and General Manager Lisa Su plans to leave the company at the end of this year to pursue other opportunities. Moving forward, Freescale will create two new strategic product groups – the Networking & Multimedia Solutions Group (NMSG) and the Automotive & Industrial Solutions Group. By aligning Freescale's significant resources to better serve these market segments, the company will be strongly positioned to provide more highly integrated solutions to the automotive, networking, industrial and consumer markets. The newly created NMSG product group, which includes networking, multimedia, radio frequency and cellular products, will be led by Senior Vice President and General Manager Tom Deitrich. The AISG product group, which includes microcontroller, analog and sensor products, will be led by Senior Vice President and General Manager Reza Kazerounian.
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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