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," Pete Najarian said he saw some call options buying in Unity Software Inc (NYSE:U) in the first half of the trading session on Thursday. Traders bought about 3,000 contracts of the September $135 calls for around $3. They also bought 5,000 contracts of the September $150 calls for 50 cents.
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Najarian has also noticed a purchase of 15,000 contracts of the September 3, $20-strike calls in Lucid Group Inc (NASDAQ:LCID). This is the second day in a row with high options activity in the name.
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.