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.’s (NASDAQ: AAPL) stock surpassed the $120 threshold today, trading at an all-time high -- on a split-adjusted basis. This means that the company’s market capitalization is now very close to $700 million, thus maintaining its position as the largest publicly traded company in the world.
But, those not so familiar –or comfortable- with such big figures might ask, how much money is $700 billion? Below, a few comparisons to put the number in context:
- $700 billion is almost five times the government budget proposed for California –the state with the largest budget- for fiscal 2014 ($145.8 billion), and 184 times the budget for the whole state of Delaware – for 2014.
- $700 billion is more than 218 times what the most valuable football team, the Dallas Cowboys, is worth ($3.2 billion), 269 times the value of the New England Patriots ($2.6 billion), and 291 times what the Washington Redskins are worth ($2.4).
- $700 billion is about 105 times what the two largest soccer clubs in the world are worth, combined! Real Madrid ($3.44 billion) and Barcelona ($3.2 billion) together are valued at $6.64 billion.
- $700 billion is more than Switzerland’s 2014 GDP -- $679 billion, and about 3.5 times the GDP for New Zealand - $200 billion.
- $700 billion is enough to buy 2185 McDonald's Corporation (NYSE: MCD) cheeseburgers – or about 6 cheeseburgers a day for a whole year- to each one of the 320,274,540 U.S. residents.
- $700 billion is enough to give more than $600 dollars to each resident in the African continent. This is what a person makes –in average- in a full-year of work in sub-Saharan Africa.
- $700 billion is enough to buy all of Google Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft Corporation’s (NASDAQ: MSFT) outstanding shares.
- $700 billion is enough to make the three riches men on Earth -Bill Gates, Warren Buffett and Carlos Slim Helu- jealous. Their combined net worth is just $223.8 billion, less than 1/3 of Apple’s market cap.
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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