Mario Gabelli Is Bullish On Mattel, Small Entertainment Companies


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.


Mario Gabelli revealed on CNBC's "Fast Money Halftime Report" that he recently bought Mattel, Inc. (NASDAQ:MAT). He believes the company is capable of making a turnaround.

He added he's also buying smaller companies in the entertainment segment that are doing well. He named Golden Entertainment Inc (NASDAQ:GDEN), Eldorado Resorts Inc (NASDAQ:ERI), Full House Resorts, Inc. (NASDAQ:FLL), RLJ Entertainment Inc (NASDAQ:RLJE) and Viacom, Inc. (NASDAQ:VIAB) as the stocks he also likes.


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: CNBCFast MoneyMediaFast Money Halftime ReportMario Gabelli