January 19, 2011 7:34 AM | 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.
That's right, we officially have a price target surpassing Hudson Square's $500 price target for Apple (NASDAQ: AAPL). Everyone has been wondering when someone would have the guts to go over AAPL $500. As the elephant in the room, it really was only a matter of time until someone stepped up to the plate and pointed it out.Well, today we tip our hat to Brian White over at Ticonderoga. White released his $550 price target on Apple, $50 higher than the previously highest price target of $500.Thank you, Brian White, thank you. Now we can all have confidence - officially - that Apple stock is going to the moon.Since the year 2000, Apple stock has increased 1200%. Why not another 30%? According to White: exactly.
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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