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.
- Intel Corp (NASDAQ:INTC) broke ground on two new factories worth $20 billion in Arizona dubbed Fab 52 and Fab 62, reaching a total of six factories in the state, Reuters reports.
- The new plants will be the first Intel has built from the ground up and will also manufacture chips for Qualcomm Inc (NASDAQ:QCOM) and Amazon.com Inc (NASDAQ:AMZN) cloud unit, and the U.S. military.
- Intel rival Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) also acquired land to build its first U.S. campus in Phoenix, not far from Intel's location, where TSM plans up to six chip factories.
- Related Content: Key Takeaways From White House Chip Crisis Meet
- Price Action: TSM shares traded lower by 0.56% at $115.54 on the last check Friday.
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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