Options Brief: Solazyme

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Shares of Solazyme (NASDAQ: SZYM) are lower on the session by 4.27%, trading at $21.33.Overall call volume is now running at 2.82x the daily average, with 76% of all calls traded being purchases on the offer. 1,568 contracts have traded on the session so far. Solazyme, Inc. makes oil. The Company's technology transforms a range of plant-based sugars into oils.

20-Year Pro Trader Reveals His "MoneyLine"

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