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 "Options Action," Mike Khouw said that Twitter, Inc. (NYSE:TWTR) traded 1.5 times its 20-day average options trading volume on Tuesday. The most active options were the May $55 calls that expire at the end of this week.
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The trade that caught Khouw's eye was out in September. Somebody rolled 3,000 contracts of the September $47.50 puts down to 4,500 contracts of the September $45 puts. It doesn't seem the options market is overly optimistic on Twitter, said Khouw.
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.