November 14, 2011 2:54 PM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Neutral Tandem (NASDAQ: TNDM) are lower on the session by 3.40%, currently trading at $9.95. 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 $12.50 call traded 1,000 times on open interest of 842 contracts. Calls are outpacing puts today by 10 to 1. Neutral Tandem, Inc. provides voice, Internet protocol transit, and Ethernet telecommunications services primarily on a wholesale basis. The company offers its services using an all-IP network, which enables the company to deliver global connectivity for a variety of media, including voice, data and video.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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