September 12, 2011 10:43 AM | 1 min read
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 NetLogic Microsystems (NASDAQ: NETL) are higher on the session by 50.33%, currently trading at $47.97. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average.Options traders are focusing on calls today. A short while ago the October 2011 $50.00 call traded 3,700 times on open interest of 127 contracts. Calls are outpacing puts today by 7 to 1. NetLogic Microsystems, Inc. is a semiconductor company that designs, develops and sells processors and high-speed integrated circuits that are used to enhance the performance, functionality and energy efficiency of advanced mobile wireless infrastructure, data center, enterprise, metro Ethernet, edge and core infrastructure networks.
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.
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