January 26, 2015 5:37 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.
Texas Instruments Inc. (NASDAQ: TXN) posted fourth-quarter results and an outlook in line with Wall Street's expectations.The Dallas-based chip maker was little changed in the after-hours session, trading recently at $54.95 a share.The company predicted first-quarter earnings between $0.57 cents and $0.67 cents a share, on revenue between $3.07 billion and $3.33 billion.Wall Street expects earnings for the period of $0.63 cents a share on revenue of $3.19 billion.For the fourth quarter, earnings grew 61 percent to $825 million, or $0.76 cents a share, from year-earlier profit of $511 million, or $0.46 cents a share.Revenue grew 8 percent to $3.27 billion, from $3.03 billion last year.Earnings included $0.07 cents a share from non-recurring items in the recent period.Analysts expected fourth-quarter earnings of $0.69 cents a share on revenue of $3.26 billion. Free cash flow for all of 2014 was up 18 percent from a year earlier to $3.5 billion or 27 percent of revenue.
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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