On CNBC's "Fast Money Halftime Report", Jon Najarian said around 10,000 contracts of the February 42.50 calls were traded in Schlumberger Limited (NYSE:SLB). He followed the trade and he is planning to hold it for around 30 days.
Jon Najarian also noticed unusual activity in Bunge Ltd (NYSE:BG). The stock gained more than 2 percent Wednesday and options traders were buying the April 65 calls. Najarian bought these calls too and he is going to hold them for two months.
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.
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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.
Pete Najarian noticed around 10,000 contracts of the February 30 calls were traded on Wednesday in Halliburton Company (NYSE:HAL). He bought the stock and he is planning to sell calls against this position
Over 5,000 contracts of the January 72 calls were traded in Target Corporation (NYSE:TGT), said Pete Najarian. He already owns the stock and he decided to add to the position because he sees this activity as institutional buying.