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.
Apple Inc. (NASDAQ:AAPL) during its "Time Flies" event on Tuesday revealed it sold more than 500 million iPad units over the last 10 years, as first noted by The Verge.
What Happened: This is the first time that the Cupertino-based technology giant has put a number on the iPad sales since 2018, when it stopped disclosing such figures in its earnings reports, according to The Verge.
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The disclosure came as Apple unveiled its latest iPad model, the Generation 8 — featuring 10.2 inch Retina display and the A12 bionic chips.
The steep increase in the price of iPad Air from $499 to $599 is a sign of robust demand, and shows confidence on Apple's part, Loup Ventures Managing Partner Gene Munster said in an analyst note after the event.
The Tim Cook-led company also unveiled Watch Series 6, Fitness+, and a services bundle dubbed "Apple One," the same day.
Wedbush analyst Daniel Ives maintained an Outperform rating on Apple's stock and reiterated his 12-month price target of $150.
Price Action: Apple shares traded 0.53% higher at $116.15 in the pre-market session Wednesday.
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.