Tony Sacconaghi Talks Apple and Dell on CNBC


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.


Earlier on CNBC, the Senior Analyst at Sanford Bernstein discussed his bullish take on Apple (NASDAQ: AAPL) and his doubt that the leveraged buyout of Dell (NASDAQ: DELL) would happen.Apple

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!


-Stock is entering "growth purgatory"-When this happens, there is a tremendous turnover in shareholder base-Apple is no longer a hyper growth company; can no longer grow at 40-50% per year-Will reduce to 10-15% growth, simply due to size-A year ago, 29% percent of value funds owned Apple, now 40% own it-Holding firm with $750 price target and Outperform rating, believe that by the end of next year Apple will have $200 billion in cashDell
-Does not believe the Dell leveraged buyout will happen-Very large bet for 1-3 principles going forward-Risky environment as the PC market goes through a lot of change-When push comes to shove, deal will not be done-Believes company will continue to use cash to buy companies that will make it more of an enterprise playerShares of Dell traded up 2.77 percent to $12.63 early Tuesday afternoon while Apple traded down 3.08 percent to $486.31.

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.


Posted In: CNBCNewsAnalyst RatingsMoversTechMediaTrading Ideas