February 3, 2012 12:40 PM | 1 min read |
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 Masco (NYSE: MAS) are higher on the session by 3.22%, currently trading at $12.84. 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 March 2012 $13.00 call, which has traded 6,100 times on open interest of 431 contracts. Calls are outpacing puts today by 60 to 1. Masco Corporation manufactures, distributes and installs home improvement and building products. It is manufacturer of a range of home improvement and building products, including faucets, cabinets, architectural coatings and windows, and installers of insulation for the new home construction market.
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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