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 Carnival Corp (NYSE:CCL) on Thursday. Traders were buying the September 3, $24-strike calls in Carnival. Najarian decided to follow the trade and he is going to hold these calls for several days.
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Around 12,000 contracts of the December $24 calls in EQT Corporation (NYSE:EQT) were traded in the first half of the session on Thursday. Najarian jumped in the trade and he is planning to hold it for several months.
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.