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.
Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower by 2.15% to $56.57 during Tuesday's session. Shares of semiconductor and chip companies at large are trading lower after the U.S. recently placed restrictions on exports of certain high-end chips to China.
What Happened?
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Shares in top Chinese chipmakers shed $7.7 billion in market value on October 10, as new U.S export controls restricted the sale of semiconductors made with U.S. technology unless vendors obtain an export license.
The controls also barred U.S. citizens or entities from working with Chinese chipmakers without explicit approval and limited the export of manufacturing tools that would allow China to develop...Read More
See Also: PC Shipments See Record Plunge In Q3 — What That Means For Apple, AMD, Intel And Others
According to data from Benzinga Pro, AMD has a 52-week high of $146.64 and a 52-week low of $56.57.
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.