Jon Najarian Sees Unusual Options Activity In Penn National Gaming And Snap


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," Jon Najarian gave news unusual options activity plays. He sees unusual activity in:

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  • Snap (NYSE:SNAP) February $60 calls. He will be in this position for almost two months.
  • Penn National Gaming (NASDAQ:PENN) December 31 $105 calls.

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.


Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportJon Najarian