Jon Najarian Sees Unusual Options Activity In Qualcomm


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.


On CNBC's "Fast Money Halftime Report", Jon Najarian said that he noticed unusually high call options activity in QUALCOMM, Inc. (NASDAQ:QCOM).

Around 14,000 contracts of the December 57.50 calls were traded in the first half of the trading session on Thursday. Najarian decided to follow the trade and he is planning to hold the position for one to two months. He added that the stock hasn't really done much so far, but he thinks that it is about to trade higher.


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: CNBCOptionsMarketsMediaFast Money Halftime ReportJon Najarian