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.
J.P. Morgan issued its Top 5 semiconductor stocks on Thursday ahead of earnings.
Analysts led by Harlan Sur anticipated the majority of the companies under coverage reporting the March quarter results would deliver revenue and earnings that are in line with both the firm and consensus expectations.
The firm’s Top Picks, each of which were rated Overweight:
Broadcom Corporation (NASDAQ: BRCM)
Texas Instruments Incorporated (NASDAQ: TXN)
Intel Corporation (NASDAQ: INTC)
Micron Technology, Inc. (NASDAQ: MU)
Maxim Integrated Products Inc. (NASDAQ: MXIM)
The analysts believed the above names could deliver greater than 15 percent returns this year versus the 5-10 percent expected for the broader semiconductor group.
Sur noted that the top picks were “leaders in their target segments” with “Broadcom for networking & connectivity; Intel for PCs, datacenter; Texas Instruments for analog, with particularly broad market exposure; Micron as a beneficiary of consolidation in the memory space with improving end-market demand; and Maxim for automotive / industrial exposure.”
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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