July 18, 2012 2:00 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.
In a report published Wednesday, Deutsche Bank reiterated its Buy rating and $33.00 price target on Intel Corporation (NASDAQ: INTC).Deutsche Bank noted, “Intel delivered solid 2Q results and gained considerable mkt share vs. competition. Importantly, the co guided cautiously for 3Q/2H, acknowledging softer macro while also illustrating the resilience of its business model by generating solid profitability and FCF. We continue to believe INTC can outgrow its competition in MPUs, deliver strong growth in DCG and in its non-core areas (Mobility, NAND, Embedded etc.). The combination of these drivers leave our EPS ests virtually unchanged and lead us to reiterate our Buy rating and $33 P/T.”Intel Corporation closed on Tuesday at $25.38.
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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