January 6, 2016 3:11 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.
eMagin Corporation (NYSE MKT: EMAN) has signed a non-exclusive intellectual property (IP) licensing agreement for its unique 4 MegaPixel per eye immersive virtual reality headset technology with an undisclosed company. The deal includes an upfront licensing fee of $1M and a commitment to use eMagin's 2,000 x 2,000 pixel full color displays in the company's headsets. eMagin's OLED microdisplays are the superior choice for the emerging Virtual Reality (VR) and Augmented Reality (AR) markets with features such as their speed (which helps prevent nausea), small size, low power consumption, high brightness and high contrast. These features make eMagin's microdisplays a better choice than alternative liquid crystal based display technologies like LCOS or LCD. "This licensing agreement confirms that our immersive headset technology is unique in the VR market," said Andrew G. Sculley, CEO of eMagin Corporation. "Our immersive headset has four times the resolution of alternative cellphone based VR headsets and provides a more realistic, "screen-door"- free image. This agreement also demonstrates that eMagin's OLED microdisplays are the right choice for VR applications, giving eMagin the opportunity to jump into the
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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