Notable Put Options Activity in H&R Block - H&R Block (NYSE:HRB)

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 H&R Block (NYSE: HRB) are higher on the session by 0.99%, currently trading at $16.36. The stock has been moving largely higher over the past three 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 March 2012 $15.00 put, which has traded 3,900 times on open interest of 221 contracts. Put volume is outpacing call volume by 18 to 1. H&R Block, Inc. is a tax service provider. H&R Block has subsidiaries that provide tax, banking and business and consulting services.

27% profits every 20 days?

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