27% profits every 20 days?
This is what Nic Chahine averages with his options 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 "Fast Money Halftime Report," Jon Najarian spoke about high options volume in Blackstone Group Inc (NYSE:BX). Around 3,000 contracts of the December $49 calls were traded in the first half of the trading session. Najarian followed the trade and he is planning to hold the position for two to three months.
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He has also noticed a purchase of the October $18 calls in Luckin Coffee Inc - ADR (NASDAQ:LK) and he decided to jump in. He is going to hold these calls for two weeks.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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