June 11, 2014 10:18 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.
Montage Technology Group (NASDAQ: MONT) shares moved up 9.50% to $21.66. The volume of Montage Technology shares traded was 1285% higher than normal. Montage agreed to be acquired by Shanghai Pudong Science and Technology Investment Co for US$22.60 per share.Synaptics (NASDAQ: SYNA) shares rose 24.88% to $83.07. The volume of Synaptics shares traded was 1028% higher than normal. Synaptics announced its plans to acquire display-chip company Renesas SP Drivers. The company also lifted its Q4 revenue forecast. ULTA Salon, Cosmetics & Fragrance (NASDAQ: ULTA) shares climbed 13.77% to $97.06. The volume of ULTA Salon Brewing shares traded was 955% higher than normal. ULTA Salon reported stronger-than-expected first-quarter results.Rambus (NASDAQ: RMBS) surged 5.82% to $13.08. The volume of Rambus shares traded 130% higher than normal. Rambus raised its Q2 sales forecast. Qualcomm (NASDAQ: QCOM) will be integrating the CryptoManager Security Engine into its chips, according to Rambus.
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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