May 3, 2012 12:05 PM | 30 seconds 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.
Stifel Nicolaus increases its price target from $8 to $9 on Buy-rated BCD Semiconductor Manufacturing (NASDAQ: BCDS) as business rebounds and revenue grows for Q2. Stifel Nicolaus says, "Business is in recovery in key segments—TV (robust in the China market) and notebook (ramping aggressively)—and pricing pressure easing. We believe growth reacceleration could be just ahead. First, company guided Q2 revenue to double-digit growth with expressed confidence. Second, BCDS noted that demand is strengthening, customer order lead times haveextended, and its higher-value converter business performed well (up 10.3% q/q) due potentially to market share gains."BCDS closed at $6.10 on Wednesday.
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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