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.
Speaking on Bloomberg Markets, Mark Sebastian of Options Pit suggested a bullish options strategy in Paypal Holdings Inc (NASDAQ:PYPL).
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Sebastian wants to buy the October 95 calls for $1.85. The trade breaks even at $96.85 or 4.90 percent above the current stock price.
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.