Apple Breaks Out of Six Day Trading Range


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.


After trading between 512.38 and 523.93 for the last five trading sessions, Apple (NASDAQ: AAPL) shares have broken out to the upside. Since clearing the top of the trading range, the issue has reached 529.15. If the rally continues, there may be very little resistance in the 530 handle, until the October 29 high (539.25).

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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Posted In: TechnicalsIntraday UpdateTrading Ideas