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.
On CNBC's "Fast Money Halftime Report", Jon Najarian said he noticed unusually high call options activity in Host Hotels and Resorts Inc (NYSE:HST) for the second day in a row. Around 5,000 contracts of the Feb. 20 calls were bought in the first half of the trading session. Najarian bought calls in the name on Tuesday and he added to his position on Wednesday. He thinks that the stock could move significantly higher.
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Najarian also noticed call options buying in Union Pacific Corporation (NYSE:UNP). Options traders were buying the Feb. 140 calls and all the way up to the 150 strike calls. Najarian bought calls in the name and he is planning to hold the position for two to three weeks.
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.