January 31, 2012 1:08 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Shares of Sealed Air (NYSE: SEE) are higher on the session by 1.38%, currently trading at $19.84. The stock has been moving largely higher over the past three weeks 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 $20.00 call, which has traded 5,800 times on open interest of 2,500 contracts. Large lots are active on the name today.Calls are outpacing puts today by 10 to 1. Sealed Air Corporation is a manufacturer of a range of packaging and performance-based materials and equipment systems, which serves a range of food, industrial, medical and consumer applications.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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