September 12, 2011 11:42 AM | 1 min read |
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 Marathon Petroleum (NYSE: MPC) are higher on the session by 0.91%, currently trading at $36.68. 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 September 2011 $35.00 put traded 2,100 times on open interest of 3,653 contracts. Put volume is outpacing call volume by 11 to 1. Marathon Petroleum Corporation is a petroleum product refiners, transporters and marketers in the United States. The company's refining, marketing and transportation operations are concentrated in the Midwest, Gulf Coast and Southeast regions of the United States.
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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