'Fast Money' Traders Talk Retail: Costco, Target And More


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.


Guy Adami said on Monday's "Fast Money" he likes Costco Wholesale Corporation (NASDAQ:COST) after hitting an-all time high. He also says Home Depot Inc (NYSE:HD) is Amazon.com, Inc. (NASDAQ:AMZN)-proof.

Brian Kelly likes Best Buy Co Inc (NYSE:BBY). Kelly says everyone is looking for a discount on electronics and that showrooming has actually benefited the company.

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“You can go in and see it and touch it and feel it and it has actually worked for [Best Buy],” he said.

Steve Grasso is a buyer of Target Corporation (NYSE:TGT). He says the stock's year-to-date performance reflects that the company is a bigger threat to Amazon.

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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.


Posted In: Long IdeasMediaTrading IdeasBrian KellyCNBCFast MoneyGuy AdamiSteve Grasso