October 9, 2014 2:05 PM | 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.
, Toni Sacconaghi of Sanford C. Bernstein & Co shared his view on
Carl Icahn's letter to
Apple Inc. (NASDAQ: AAPL). He thinks that
Apple Inc. is currently overcapitalized by $50 to $75 billion and that he is not sure that it would be good to make a tender offer at the moment and claim that the shares are dramatically undervalued. Historically speaking, the company's approach was to return cash to shareholders gradually. It is possible that larger buybacks could happen, but a large tender is unlikely, believes Sacconaghi. The analyst is also not as optimistic as Icahn about the value of
Apple Inc.. He sees the high end smart phone market as a relatively mature category and it is going to be tough after this year to find growth in the market that is not going to grow.
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.
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