Why Apple Shares Are Rising


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.


Apple Inc. (NASDAQ:AAPL) shares are trading higher after KeyBanc analyst Brandon Nispel initiated coverage on the stock with an Overweight rating and announced a $191 price target.

Nispel noted 'We see growth and margin upside, strong shareholder-friendly capital allocation, and potential for new products and services, which create a strong investment profile.'

Nispel also noted 'While Apple is expensive by historical valuations, we find Apple attractive relative to other mega-caps given Apple's superior ROIC characteristics.'

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Apple's stock was trading about 3.2% higher at about $167 per share on Monday at the time of publication. The stock has a 52-week high of $170.30 and a 52-week low of $116.21.


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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