March 7, 2013 7:56 AM | 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.
Canaccord Genuity initiated Nanometrics (NASDAQ: NANO) with a Buy rating and a $20.00 price target.Canaccord Genuity commented, "We believe that Nanometrics has key market share in logic as well as memory and that a recovery here will drive a back-half rebound. We see upside potential on further penetration into foundry, which is expected to remain strong on mobile applications, and we see an embedded call option on advanced packaging into 2014. Nanometrics benefits from both the cyclical rebound in overall semiconductor spending as well as the secular trend of increased capital intensity for process control in advanced semiconductor nodes."Nanometrics closed at $14.84 on Wednesday.
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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