27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Lam Research (NASDAQ:LRCX) has outperformed the market over the past 5 years by 17.93% on an annualized basis.
Buying $1,000 In LRCX: 5 years ago, an investor could have purchased 7.94 shares of Lam Research at the time with $1,000. This investment in LRCX would have produced an average annual return of 29.88%. Currently, Lam Research has a market capitalization of $65.21 billion.
Lam Research's Share Price Over Last 5 Years
This $1,000 investment would be worth $3,710.88 today based on a price of $467.46 for LRCX at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!