Icahn Sells Apple, Street Buys


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.


Apple Inc.

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(NASDAQ: AAPL) shares are trading higher by $0.46 at $97.10 in Wednesday's session. The disclosure that Carl Icahn had sold 13 percent of his stake in his latest 13-F filing exerted selling pressure on the issue in the pre-market and for the early part of today's session.However, the rally in the broad market has lifted the issue into the $97 handle. At this time, it is approaching the upper-end of its 15-day trading range since its Q3 report on January 26. That stands at its January 29 high ($97.34). At this time, the high for the day in Apple rests at $97.31.

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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