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.
Jim Strugger, MKM Holdings derivatives strategist, spoke on Bloomberg Markets about a bullish options trade in Electronic Arts Inc. (NASDAQ:EA).
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The company is going to report earnings on January 30 and Strugger wants to sell the March 105 put and buy the March 125 call in the name for $1.20. He's going to make money if the stock trades above $126.20 at the March expiration.
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.