September 3, 2014 3:43 PM | 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 note out this morning, Summit Research analyst Srini Sundararajan, Ph.D delves into the major differences between Micron Technology (NYSE: MU) and Sandisk Corp. (NASDAQ: SNDK), and why he favors Micron. Some of the key takeaways:-Micron is Mainly a DRAM Player, Sandisk NAND-iPhone 6: Bigger Screen Version Will be a DRAM Hog-Recent Weakness in MU Unwarranted …DRAM is in Shortage and Will Be Through Next Year-SNDK's stock weakness might have been due to its facing an ever so slightly adverse turn of events/small setback in their patent tussle with NetlistSummit Research currently has a Buy Rating on MU, with a $46 price target (MU currently trading down .35 percent at 31.40).They have a Hold rating on SNDK with a $87 price target (SNDK currently trading down .10 percent at 95.55)
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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