September 4, 2012 4:41 PM | 1 min read
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.
SemiLEDs Corporation (NASDAQ: LEDS) today has announced changes to its senior management team. After serving as President, Chief Operating Officer and director of SemiLEDs, Dr. Anh Chuong Tran has transitioned to the role of Chief Scientist. As the Chief Scientist of SemiLEDs, Dr. Tran will dedicate his time to SemiLEDs' technology and product development efforts. The Board of Directors of SemiLEDs has appointed Mr. Trung T. Doan, currently the Chairman of the Board and Chief Executive Officer, to the additional role of President. “Technology has always been SemiLEDs' foundation. This transition will allow Chuong to dedicate his time and focus on technology and product development,” said Mr. Doan. SemiLEDs has named Ilkan Cokgor as Executive Vice President of Sales and Marketing. Mr. Cokgor brings to this position over 20 years of product development, marketing, sales, and business development experience. Mr. Cokgor is joining SemiLEDs from Everlight Electronics where he served as Vice President of Global Marketing since 2010. “Ilkan has an impressive track-record in establishing marketing and sales channels and strong expertise in the LED industry. We are pleased to have Ilkan join our team,” said Mr. Doan.
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.
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