Materials Space Is Exciting For Pete Najarian


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.


On CNBC's "Fast Money Halftime Report," Pete Najarian discussed his excitement about the basic materials sector.

He bought into United States Steel (NYSE:X) and has been in Freeport-McRoRan (NYSE:FCX).

Najarian also mentioned Nucor (NYSE:NUE) as a play on materials and said there is upside in material names.


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.


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Posted In: MediaCNBCFast Money Halftime ReportPete Najarian