Options Brief: Red Robin Gourmet Burgers - Red Robin Gourmet Burgers (NASDAQ:RRGB)

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.

Shares of Red Robin Gourmet Burgers (NASDAQ: RRGB) are higher on the session by 20.74%, trading at $34.43.Overall call volume is now running at 10.97x the daily average, with 45% of all calls traded being purchases on the offer. 2,019 contracts have traded on the session so far. Red Robin Gourmet Burgers, Inc., together with its subsidiaries, is a casual dining restaurant chain focused on serving burgers. As of December 27, 2009, Red Robin had 21 franchisees, which were operating 133 restaurants in 21 states and 2 Canadian provinces, and it had eight exclusive franchise area development arrangements with those franchisees.

27% profit every 20 days?

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