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.
Investors and traders in Facebook, Inc. (NASDAQ:FB) saw a massive spike in volume in mid-day trade Tuesday. While the stock normally trades several thousand shares per one-minute band, volume rose sharply to over 100,000 shares per minute over a few-minute span.
The cause of the volume spike was a Bloomberg report, which highlighted allegations the company paid hundreds of contractors to transcribe user audio. The report said Facebook has since paused this human review of conversations.
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Facebook shares fell about 0.8% immediately following the report. At time of publication, the stock was up 1.6% for the session at $188.72 per share.
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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.