Adobe Ropes In Applied Materials CFO, Applied Appoints Interim Chief


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.


  • Applied Materials Inc (NASDAQ:AMAT) announced that Dan Durn, Senior Vice President and Chief Financial Officer (CFO), will exit the company on October 15 to become the CFO at Adobe Inc (NASDAQ:ADBE).
  • Former Applied Materials CFO Bob Halliday was appointed interim CFO and will serve until the appointment of a permanent CFO.
  • Applied's Q4 FY21 guidance remained unchanged. 
  • Applied Materials sees Q4 net sales of $6.08 billion - $6.58 billion above the $6.04 billion consensuses. It sees an adjusted EPS outlook of $1.87 - $2.01 above the consensus of $1.81. 
  • Price Action: AMAT shares traded higher by 0.43% at $129.28 in the premarket session 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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