July 24, 2014 8:07 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 Thursday, D.A. Davidson & Co. analyst Thomas Diffely reiterated a Buy rating 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: TQNT), and raised the price target from $18.00 to $20.00.In the report, D.A. Davidson & Co. noted, “Based on growing confidence in TQNT's margin expansion story and its direct impact on the earnings potential of the combined company post the RFMD merger (currently estimated at $1.00 by the end of the second year), we are raising our price target to $20 (from $18). Our new target equates to a ~13x multiple of the combined company EPS (recall that TQNT shareholders receive 1.675 shares of the new combined company in exchange for every TQNT share).”TriQuint Semiconductor closed on Wednesday at $17.25.
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