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.
- Siemens AG (OTC:SIEGY) is exploring acquisitions and investments in building management software, electric vehicle charging as office blocks and apartments become more connected, and drivers switch to e-vehicles, Reuters reported.
- Siemens aims to drive its Smart Infrastructure (SI) division by tapping its vast software base and software developers. It is also targeting the e-mobility business.
- It has recently moved beyond its traditional customers to expand its base by €120 billion annually.
- Siemens spent €550 million in 2021 on a software acquisition for its mobility business and $700 million on electrical component supplier Supplyframe.
- It aims to win market share from ABB Ltd (NYSE:ABB), Schneider Electric SE (OTC:SBGSF) (OTC:SBGSY), Honeywell International Inc (NASDAQ:HON), Johnson Controls International PLC (NYSE:JCI) by growing revenue between 4% - 6% in the medium term, which is above the market rate of 3%.
- Siemens aims to double the share of SI revenue from its digital business to nearly 10% by 2025. The diversification justifies the higher software margins.
- Price Action: SIEGY shares closed lower by 0.01% at $84 on Monday.
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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