July 31, 2013 10:11 AM | 1 min read |
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.
In a report released early Wednesday morning, Global Equities analyst Trip Chowdhry stated that if
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.
(NASDAQ: AAPL) is to resolve the problems that plague the company, it will need new leadership. Specifically, a new CEO and CFO.Chowdhry went on to say that innovative products, demand and industry creation are the best route to shareholder value with the company, and criticized the buyback and dividend program.He suggested that Tim Cook should be ousted in favor of Jon Rubinstein, the lead engineer of the iPod, while the company's CFO, Peter Oppenheimer, should be replaced by Fred Anderson.Later in the report Chowdhry noted that Apple's business could be gaining momentum in the mid to long term views as semiconductor companies have shown an increase in orders. Apple has been on a strong run since its earnings report on July 23, when the company posted a slight beat on the top line and a two percent beat on the bottom. It also showed strong numbers in the iPhone, while some other segments contracted.Following the report, Apple shares traded roughly flat at 454.98.
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