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 "Fast Money Halftime Report," Jon Najarian spoke about unusual options activity in Porch Group Inc (NASDAQ:PRCH) on Friday. When the stock was trading at $17.50, traders bought around 7,500 contracts of the June $17.50 calls. Najarian decided to follow the trade and he is going to hold the position for two to three weeks.
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T-Mobile Us Inc (NASDAQ:TMUS) and Vodafone Group Plc (NASDAQ:VOD) were also pretty active on Friday. Traders were buying the June $140 calls in T-Mobile, said Najarian.
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.