Notable Put Options Activity in Cameron International

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.

Shares of Cameron International (NYSE: CAM) are higher on the session by 0.70%, currently trading at $53.57. 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 puts today. The strike seeing the heaviest action is the February 2012 $52.50 put, which has traded 3,100 times on open interest of 312 contracts. Put volume is outpacing call volume by 8 to 1. Cameron International Corporation provides flow equipment products, systems and services to global oil, gas and process industries.

27% profit every 20 days?

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