July 9, 2015 2:32 PM | 1 min read |
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.
em>Joel Elconin is the co-host of
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.
, a daily trading idea radio show.Apple Inc (NASDAQ: AAPL) shares are trading lower by $1.15 at $121.42 in Thursday's session. After a higher open, ($123.85 vs, Wednesday's close of $122.67), it only managed to rally $124.06 before reversing course.So far, the decline has reached $121.31 and at this time has not been able to mount much of a rebound.The current low exceeds the former low of the trading range ($121.63) that was made on March 12, prior to its rally to its all time high ($134.54). It should be noted that high was made the day following its blockbuster Q2 earnings report.The company is due to report Q3 earning on July 21 and the current estimates for EPS stand at $1.76 on revenues of $48.
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