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.
iPhone shipments seem to be bottoming in the June quarter, and Apple Inc. (NASDAQ: AAPL) could be facing at least five straight quarters of incremental iPhone catalysts beginning from the December quarter, Brean Capital’s Ananda Baruah said in a report. He maintains a Buy rating for the company, with a price target of $125.
The iPhone 8 would likely be shipped mid-2017, versus Apple’s typical September time frame, and the new model may be considered a “form factor leap,” with the wrap-around AMOLED glass screen and button-less features being the most prominent, analyst Ananda Baruah mentioned.
Shipments Could Be Lower Than Consensus
Although shipments seem to be bottoming, they are likely to miss the consensus expectations. Baruah estimated 40 million units each for the June and September quarters, versus Street expectations of around 42 million.
“We go through all of our changes vs. Street below, but our general view is that we like AAPL lowering the bar and putting in a floor now, as well as working down channel inventory into the Sep Q ahead of the iPhone 7 launch, as we believe this could set AAPL up for essential 5 straight Q's of iPhone "catalysts" (iPhone 7 in Dec Q / Mar Q, and iPhone 8 in Jun Q '17. - Dec Q '17).”
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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