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 "Options Action," Jon Najarian spoke about unusually high options activity in T-Mobile Us Inc (NASDAQ:TMUS) on Thursday. He thinks the reason is the new iPhone 13 Pro Max. He expects it to drive traffic to the stores and increase online sales.
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.
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Traders are buying the September 24, $129 calls in T-Mobile and Najarian decided to follow the trade. He is probably going to hold the position for most of the week.
When Twitter Inc (NYSE:TWTR) was trading at $61 and change, there was a purchase of the November $75 calls. Najarian is bullish on Twitter, but he decided to buy the November $60 calls. He is going to be in the position for two months.