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 said traders were buying the Aug. 6 expiration, $110 strike calls in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the first half of the session on Monday.
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Najarian has also noticed a big upside call buying in Marathon Digital Holdings Inc (NASDAQ:MARA). The Aug. 6, $30-strike calls caught his attention in the first half. Najarian decided to buy the August $28 calls and he is hoping to sell a higher strike against it when the stock rallies.
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.