January 8, 2016 8:49 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Shares of
Apple Inc. (NASDAQ: AAPL) were trading higher by more than 1.50 percent early Friday morning as investors and traders appear to have shrugged off concerning updated from the company's key suppliers.Shares of
Qorvo Inc (NASDAQ: QRVO) were trading lower by nearly 5 percent at the same time. However, the stock was lower by more than 10 percent during Thursday's after-hours session. Meanwhile, shares of
Cirrus Logic, Inc. (NASDAQ: CRUS) were higher by nearly 2 percent early Friday morning. Qorvo and Cirrus are both key parts of Apple's supply chain eco-system.Qorvo said earlier it expects its third quarter revenue to be $620 million which is short of management's prior guidance of $720 million to $730 million. The company cited weaker than expected demand from its mobile customers.Cirrus also said it expects its third quarter revenue to be $347 million, also short of management's prior guidance of $370 million to $400 million. Similarly, the company also cited weaker than expected demand from its portable audio customers.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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