Monster Apple

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.

The buyers aren't backing down and we worked steadily higher to close at the highs after about a 10pt drop in the morning. Apple numbers are very strong and guiding upward for the second quarter. The stock is looking to open up big and pull the rest of the market along for a ride especially the NASDAQ which is already at multi year high. Given the market's overbought condition, I can't get too excited about the long side here, but perhaps FOMC rate decision and month end can hold us up a bit longer.

27% profit every 20 days?

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