November 27, 2013 10:11 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.
In a report published Wednesday, Needham & Company analyst Rajvindra S. Gill reiterated a Buy rating and $10.00 price target on
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.
(NASDAQ: ATML).In the report, Needham & Company noted, “Following XSense's recent Windows 8 certification, ATML yesterday acknowledged that HPs new Omni 10 tablet features both its touch controller as well as XSense. While we have been bullish on XSense given its various use cases from the beginning, we believe this should accelerate XSense adoption. We continue to expect a production ramp of XSense-enabled devices over the next 1 to 2 quarters and think ATML can fetch $10-15 for the xSense sensors and $2-3 for the touch controller. While volumes of the Omni 10 are likely to be insignificant in the near term, we are encouraged by this announcement, and are maintaining our Buy rating and $10 price target.”Atmel closed on Tuesday at $7.53.
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