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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Lawsuits Await
Udall said that if Xiaomi goes global, it could be sued by Google Inc (NASDAQ: GOOG), SAMSUNG ELECT LTD(F) (OTC: SSNLF) and other Android manufacturers."I think Xiaomi is somewhat protected as long as they're selling phones inside of China," said Udall. "I think the more phones they try to sell outside of China [will lead to lawsuits]."Xiaomi's legal troubles aren't likely to come immediately, however. Smartphone manufacturers may not think a lawsuit is worthwhile if Xiaomi is only selling a million units."If they start selling 10, 20, 30 million phones outside of China, I'd be surprised if everybody didn't come after them," said Udall.Chowdhry said Xiaomi's entire business model is to hire employees from other smartphone manufacturers, watch what Apple is doing and copy that product."That strategy is not going to fly in any country where patent law is strong," said Chowdhry. "I would be surprised if Xiaomi can legally sell even one phone in America or Europe without violating patents."Lawsuits aside, Xiaomi must also deal with a tremendous amount of global competitors."There are a number of dominant brands here already," Tigress Financial Partners analyst Ivan Feinseth told Benzinga. "It would take a long time [for Xiaomi] to gain traction and brand recognition."Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.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.