Notable Put Options Activity in Virgin Media

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.

Shares of Virgin Media (NASDAQ: VMED) are lower on the session by 4.46%, currently trading at $24.20. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the December 2011 $22 put traded 3,000 times on open interest of 7 contracts. The Dec2011 $25 put also traded 2,000 times on open interest of 2,050 contracts. Virgin Media Inc. is engaged in entertainment and communications business. The company has two segments: Consumer and Business.

27% profits every 20 days?

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