Notable Call Options Activity in Barnes & Noble

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.

Shares of Barnes & Noble (NYSE: BKS) are lower on the session by 4.06%, currently trading at $12.05. 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 calls today. A short while ago the April 2012 $12.00 call traded 16,100 times on open interest of 20 contracts. Calls are outpacing puts today by 47 to 1. Barnes & Noble, Inc. is a bookseller. The company is a content, commerce and technology company that provides customers access to books, magazines, newspapers and other content across its multi-channel distribution platform.

27% profit every 20 days?

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