January 24, 2012 9:54 AM | 1 min read |
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of Clean Energy Fuels (NASDAQ: CLNE) are higher on the session by 4.69%, currently trading at $14.97. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $16 call, which has traded 1,200 times on open interest of 113 contracts. The majority of the action stems from a 1,194 contract block, purchased for $0.25.Calls are outpacing puts today by 31 to 1. Clean Energy Fuels Corp. together with its wholly owned subsidiaries is engaged in the business of selling natural gas fueling solutions to its customers, primarily in the United States and Canada.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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