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.
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 20 years by 1.04% on an annualized basis producing an average annual return of 7.85%. Currently, Microchip Technology has a market capitalization of $33.39 billion.
Buying $100 In MCHP: If an investor had bought $100 of MCHP stock 20 years ago, it would be worth $424.98 today based on a price of $60.22 for MCHP at the time of writing.
Microchip Technology's Performance Over Last 20 Years
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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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