Notable Call Options Activity in Century Aluminum - Century Aluminum (NASDAQ:CENX)

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 Century Aluminum (NASDAQ: CENX) are higher on the session by 3.23%, currently trading at $9.27. 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 November 2011 $11.00 call traded 1,000 times on open interest of 62 contracts.Calls are outpacing puts today by 20 to 1. Century Aluminum Company is engaged in producing aluminum.

27% profit every 20 days?

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