Apple Breaches Tuesday's Low ($107.86)


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.


  • Selling off over concerns of Apple downward revision of chip orders for iPhones
  • After a lower open, peaked well ahead of the close ($109.85) at $109.22.
  • Breached Tuesday's low ($107.76) and struggling to remain in $108 handle.
  • If September 1 low is breached, next support level at its August 26 low ($105.05).

  • 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