Notable Call Options Activity in Live Nation Entertainment

by Benzinga Staff
November 11, 2011 1:45 PM | 1 min read | Make a Comment

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 Live Nation Entertainment (NYSE: LYV) are higher on the session by 2.20%, currently trading at $8.35. 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 December 2011 $10.00 call traded 780 times on open interest of 0 contracts. Calls are outpacing puts today by 15 to 1. Live Nation Entertainment, Inc. is a live entertainment company. The company is a producer of live music concerts worldwide. The company operates in five segments: Concerts, Ticketing, Artist Nation, eCommerce and Sponsorship.

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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