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 "Options Action", Dan Nathan said the options volume in Facebook, Inc. (NASDAQ:FB) ran very high on Wednesday, it was 1.5 times the average daily volume.
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During the session, one trade caught his attention. A trader bought 20,000 contracts of the January 2020, 270 strike calls for $3.50. The trade breaks even at $273.50 or around 64 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.