February 14, 2012 11:29 AM | 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 Humana (NYSE: HUM) are higher on the session by 1.70%, currently trading at $88.37. The stock has been moving largely higher over the past three days and is currently testing the 50-day moving average.Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $90.00 call, which has traded 4,750 times on open interest of 4,072 contracts. Calls are outpacing puts today by 5 to 1. Humana Inc. is a health and supplemental benefits company. The company provides full-service benefits and wellness solutions, offering an array of health, pharmacy and supplemental benefit products for employer groups, Government benefit programs, and individuals, as well as primary and workplace care, through its medical centers and worksite medical facilities.
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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