August 8, 2014 9:38 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 Friday, D.A. Davidson & Co. analyst Thomas Diffely reiterated a Buy rating and $27.00 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: AMAT).In the report, D.A. Davidson & Co. noted, “AMAT is scheduled to report F3Q (Jul) earnings on Thursday, August 14th, after the market close, with a conference call to follow at 1:30pm PT/4:30pm ET. We expect results to meet or slightly exceed our consensus-matching revenue and EPS estimates of $2,275 million (down 3% q/q) and $0.26 per share, respectively. Relative strength in Foundry and DRAM was likely offset by NAND and Logic. Service and solar were likely up, offsetting a decline in the lumpy Display segment.”Applied Materials closed on Thursday at $20.69.
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