Apple Comes Up Shy Of Triple Digits


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. (NASDAQ: AAPL) shares are trading lower by $0.26 at $99.36 in Thursday's session. It has traded higher in seven of nine trading sessions since Warren Buffett announced is $1B stake in the company.Over that course of time, it has rallied from its May 13 close ($90.52) and came up just shy of triple digits when it made an intraday at $99.90 shortly after the open.The ensuing decline found support well above Wednesday's low ($98.11), only reaching $98.64 before rebounding into the $99 handle.

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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Posted In: TechnicalsIntraday UpdateMoversTrading Ideas