January 25, 2012 2:51 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.
Wunderlich Securities maintains its Hold rating on Silicon Laboratories (NASDAQ: SLAB) and raises the company's price target from $40 to $44 in a research report out today.In the report, Wunderlich Securities writes, "Silicon Laboratories (SLAB) reported Q4 revenue of $126.7 million and EPS of $0.49, ahead of our estimates of $119.1 million and $0.42. The upside mainly came from strength in video and touch controllers, which should also be strong growth drivers for 2012. We would look for a pullback in the stock or a potential breakout quarter to change the EPS trajectory in order to increase our bias to recommending the stock."Shares of Silicon Laboratories are currently trading at $46.25, down 1.53% from yesterday's close.
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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