Options Brief: Range Resources Corporation - Range Resources (NYSE:RRC)

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 Range Resources Corporation (NYSE: RRC) are higher on the session by 1.02%, trading at $54.40.Overall put volume is now running at 7.37x the daily average, with 3% of all puts traded being purchases on the offer. 5,401 contracts have traded on the session so far. Range Resources Corporation is an independent natural gas and oil company. The company is engaged in the exploration, development and acquisition of primarily natural gas and oil properties, mostly in the Appalachian and Southwestern regions of the United States.

27% profit every 20 days?

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